Failing to Pay Taxes on Common Areas Can Have Dire Consequences (AZ)

A recent article in the Washington Post chronicled the plight of an upscale San Francisco community, which failed to pay its common area property taxes, and the savvy investors who took advantage.  We are aware of Arizona communities who have faced similar issues. All property owners in Arizona (including individual parcel owners and community associations who own common areas) who are subject to property taxes, could potentially lose their property pursuant to a tax lien foreclosure if they fail to keep the property taxes current. This can be a very costly and time consuming oversight to correct.   Read the article…………..


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