Legal Question in Real Estate Law in California

Auctioned Property

If a piece of commercial property is sold to someone and that person does not pay his property taxes and the property is about to go up for auction, does the buyer still have to pay the seller? Does he still have an obligation to the seller even though the property is auctioned off? Thank You


Asked on 10/18/98, 4:04 am

1 Answer from Attorneys
Ken Koury Kenneth P. Koury, Esq.

Re: Auctioned Property

Yes, they still owe the seller

Ken Koury

Kenneth P. Koury, Esq.

5807 Topanga Cyn Blvd., Suite G-201


Read more
Answered on 12/30/98, 12:39 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in California