Revenue Commissioner provides guidelines on buying property

New property owners often rely on their title company, real estate agent or other representative to property record and assess their property. The final responsibility is still yours, as the new owner, to see that all the necessary steps have been completed.

The steps are:

1. Record your deed in Probate Court.

2. Assess the property in the Revenue Commissioner’s Office.

3. Claim any exemption due you. (Exemptions are not automatic)

4. Make sure all of this is done no later than December 31 for all property purchased before October 1, prior year in order to receive a bill in your name for the next year.

5. If your mortgage company has agreed to pay your property taxes, a copy of the assessment sheet should be mailed to the company as soon as it is received. This will give them complete information to request a bill for your property.

6. Report all address changes promptly when you purchase more property, changing status or move.