Posted on: 21st Apr, 2009 08:12 am
We are looking at quit claim deeding my inlaws cottage to all siblings. One of them will be listed as executaor for property taxes and utilitys etc and wanted to know what will happen to the current property taxes?
Hi
If the cottage is quitclaimed to all siblings, they will be responsible for paying the property taxes. Whoever is the owner of the property, is liable to pay the property taxes.
If the cottage is quitclaimed to all siblings, they will be responsible for paying the property taxes. Whoever is the owner of the property, is liable to pay the property taxes.