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are you legally obligated ? yes ! are you morally & ethically obligated ? depends. this is a questions only you must answer. by asking your original question, it certainly influences my opinion as it obviously does w/others. big deal, right ?
all that being said, probably the worst that can happen is your credit score will suffer a ding or 2. the cost of collecting $ 1,500 interstate isn't worth the effort. this debt will likely be assigned/sold to a collection agency for $ 1.00 & you'll occasionally receive 'pay up' letters. you can ignore them until the 1 that says 'see you in florida court !' caution: IF you make a partial payment, a court would view that as confirmation & admission of debt thereby strengthening their claim. then again, i suspect you know the answer & have all along |
It all depends on what the buy/sell agreement states.
+99% of the doc's indicate the seller is liable thru date of sale. However, everything is negotiable during a buy/sell and it is possible you do not. The City/County won't come after you, they look to the current owner. (Not legal advice) |
Lawyers have Errors & Omissions Insurance to handle this. Its their mistake not yours. They presented a closing statement and that's that.
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TOTV is also able to answer questions on DIY brain surgery, haemorrhoid removal. teeth ectractions etc.
No need to go to anyone whose actual expertise is the subject in question!:icon_wink: |
We had a similar circumstance in Florida Collier County a tax lien on a property purchase there was a missed on title search and Collier County billed us. Our Closing Attourney and Realtor forced it back to the Title Company and it was paid by them. Was there a title search done on property sale? That may be why its called Title Insurance.
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The tax man NEVER goes away empty handed.
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It may not have showed up in the search. But if the previous owner did not pay it, its yours to keep - maybr an attorney could make a threat but it wouldn't be worth the money
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have a conversation with an attorney from the state that you left and do the right thing trying to do battle with a legal firm by yourself is akin to going to a gun fight with a knife |
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Title companies are licensed...file a complaint with the licensing board. In the meantime pay the bill.
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Maine Taxes
[QUOTE=boxcarwilly;1763360]Sold our condo in Maine all went well but the title co(law firm actually) failed to include outstanding property taxes approx 1500.00. They want me to pay them ASAP. Am i legally obligated to pay this? They mentioned something to the effect they could put a lien on our new property here in the villages.Thanks in Advance”
Yes. I suspect you do. I once closed on a home and the county clerk came after me the next tax year fir the taxes. |
I think they call it TITLE INSURANCE for a reason. But state tot sate they may not include taxes.
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It will not go away just continue to build late charges pay asap
Been there done that |
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