I own 1/10 of a piece of actual property, and the taxes are delinquent: do I owe 1/10 or 100%?
the property is in Texas and I be served near court papers
Answers:
You would owe 10% of the taxes. However, if the other owners do not compensate, later you will lose the property for final taxes even though you own rewarded your chunk of the taxes.
If 100% of the taxes doesn't take rewarded, you will lose your investment.
The taxes are due on the property not from the owners.
What did the court papers read aloud? For most taxes that are as one owed, the taxing body will try to gain 100% of the due due from whoever they can catch it from.
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Answers:
You would owe 10% of the taxes. However, if the other owners do not compensate, later you will lose the property for final taxes even though you own rewarded your chunk of the taxes.
If 100% of the taxes doesn't take rewarded, you will lose your investment.
The taxes are due on the property not from the owners.
What did the court papers read aloud? For most taxes that are as one owed, the taxing body will try to gain 100% of the due due from whoever they can catch it from.