Comments on: Do i have to pay property tax penalty if management pays tax late on a co-op? http://www.ramsey-rentals.com/do-i-have-to-pay-property-tax-penalty-if-management-pays-tax-late-on-a-co-op/ Mon, 06 Sep 2010 21:51:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrew O http://www.ramsey-rentals.com/do-i-have-to-pay-property-tax-penalty-if-management-pays-tax-late-on-a-co-op/comment-page-1/#comment-1115 Andrew O Thu, 18 Mar 2010 07:27:58 +0000 http://www.ramsey-rentals.com/do-i-have-to-pay-property-tax-penalty-if-management-pays-tax-late-on-a-co-op/#comment-1115 It depends on the terms of your contract. The state/county doesn't care about terms you have with a management agency though. If you missed the date they were due (even if through no fault of your own) they still expect to get them. They're also not like a private company hwre you might get the penalties waived. They're a public agency who represen the public interest so won't generally give a waiver of late fees. This sucks but you're probably stuck paying a penalty to the agency even if you're not at fault. Take it up with the management. It depends on the terms of your contract. The state/county doesn’t care about terms you have with a management agency though. If you missed the date they were due (even if through no fault of your own) they still expect to get them. They’re also not like a private company hwre you might get the penalties waived. They’re a public agency who represen the public interest so won’t generally give a waiver of late fees.

This sucks but you’re probably stuck paying a penalty to the agency even if you’re not at fault.

Take it up with the management.

]]>