Legal Question in Real Estate Law in Pennsylvania
to discontinue paying property tax and property owners association dues
If i stopped paying property tax and property owners association dues on my PENN.property in the POCONOS,what is the worst case scenerio i would encounter?Iam retired and on a fixed income,tried selling the property at a loss for three years and was unsucessful,could i donate to a church?Ever thing goes up and its not worth keeping,its becoming a sponge.Would appreciate any direction,Thank You,
2 Answers from Attorneys
Re: to discontinue paying property tax and property owners association dues
I do not know Pa. law, but the worst case scenario, you would lose the property and they could sue you for any balance and get a judgment against you. Either donate the property to a charity if they will take it or call the association and see if they will take a deed to release your obligation. Good luck.
Re: to discontinue paying property tax and property owners association dues
Property taxes and dues are liens against the property. Failure to pay can result in a foreclosure suit against both the property and you. If the property sale does not bring what is owed on it, you will be responsible personally for any balance due. Your choices are to donate the property, if you find a charity interested and willing to continue to pay these obligations, or to offer the Condo Association a Deed in Lieu of Foreclosure - transfers the property to the lien holder and relieves you of further responsibility. I suggest contacting a local real estate attorney to assist you in this.
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