How are Property Taxes adjusted when you buy a home?

Adjustment of Annual Property Taxes

Most homeowners are aware that Property tax bills are issued in May and are due on July 1st. Many people assume that since property taxes are due on July 1st that they are adjusted based on that due date (i.e. July 1st, 2013 – June 31st, 2014). This is not the case. Property taxes in British […]