1995-Annual Town Report - Laserfiche WebLink

Home Browse Search

bill sets forth the annual tax (including betterments) Report of the and deducts any preliminary payments that have been Treasurer/Tax Collector made. The balance is due in two installments on February I st and May I st. On January 1st of each year,per Mass.General Law Interest accrues on all unpaid taxes, at the rate of (M.G.L.) Chap. 60, Sec. 37, there is a lien on all real 14%per annum,from the due date to the date paid.All estate in the Commonwealth for the real estate tax for taxes not paid by May 1st are subject to a demand bill the upcoming fiscal year. Example: On January 1, which adds $5.00 to the bill, plus interest due. 1995, there is a lien on all real estate, for real estate taxes, for the fiscal year running July 1, 1995 to June Bills that remain unpaid after the demand process 30, 1996 (fiscal 1996). are placed in "Tax Title". This means that the Town All real estate is assessed to the owner of record on secures the lien on the property by recording it at the January 1st of each year. Therefor, if you owned real Registry of Deeds. After the "Tax Title" process estate on January 1, 1995, you will be assessed and occurs, the owner, or any party with a legal interest in billed for the fiscal 1996 real estate taxes (7/1/95 - the property,may have the lien removed by paying the 6/30/9,6). Even if you sell your property after the first Tax Title amount, 16% interest, and any charges that have accrued. of January, you were still the owner of record on the first and the bill must be assessed to you. Although the Town may petition the Land Court to We are allowed by M.G.L. to send the bill to the foreclose on property six months after the Tax Title assessed owner, %the new owner, and we make every process has occurred, we usually give owners more effort to do this. However, if the sale takes place just time. prior to the printing of the tax bills, this information We encourage taxpayers who are in arrears on their most likely would not be available. taxes to arrange a payment plan with us. We can be In Mashpee, we follow the quarterly system of tax reached Monday through Friday, 8:30 to 4:30, (508) billing. The first two bills are preliminary bills. The 539-1433. preliminary bill is based on 50% of the prior years tax Respectively submitted, and is due in two installments on August 1st and November 1st. The Assessors set the tax rate in the Anne T. Shaw Fall, and the actual bill is issued by January 1st. This i Vi i II II III it ir 44