What happens if I don't pay my Real Estate Tax?

Tax payments must be received on or before the due date to avoid interest and demand charges.  If payment is not made on time, interest will acrrue at 14% per annum, computed from the date the bill was due.

After the last tax installment of the fiscal year (Quarter 4), a demand fee of $5 is charged against the account.  This bill will be mailed to the owner of record with a due date.

If the account remains delinquent after the demand due date and after further attempts to notify owner (courtesy letters), the owner's name, address and the tax amount owed will be advertised in the local newspaper.  Additional fees will be assessed to the account and a tax lien will be placed on the property and it will begin to accrue interest at 16% per annum.  The tax lien is recorded at the Registry of Deeds and it is the first step in the foreclosure process.  All taxes, fees and interest must be paid in full to prevent foreclosure.