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#1 |
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Join Date: Oct 2015
Posts: 440
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What are the penalty and interest rates if I do not pay my property taxes timely?
The penalty rate is 10% of the principal balance owing at the time the due date has passed on each unpaid installment.The interest rate charged is 2% above the prime rate as of April 15th of each year. The interest rate is multiplied by the unpaid principal balance and charges accrue monthly.
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#2 |
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Join Date: Dec 2017
Posts: 48
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Hi, Welcome to Forum Community, Hope we are able to help each other here.
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Thread | Thread Starter | Forum | Replies | Last Post |
What are the penalty and interest rates if I do not pay my property taxes timely? | poconnor | Introduction Area | 0 | 07-19-2016 03:15 AM |
Why should I pay penalty and interest on a late payment when I never received my tax | poconnor | General Discussion | 0 | 05-25-2016 01:07 AM |
Why should I pay penalty and interest on a late payment when I never received my tax | poconnor | General Discussion | 0 | 05-21-2016 05:30 AM |
Why should I pay penalty and interest on a late payment when I never received my tax | poconnor | General Discussion | 0 | 05-19-2016 03:05 AM |
Can payments be made on Real Property taxes other than the due dates? | poconnor | General Discussion | 0 | 05-18-2016 05:24 AM |