Quote:
Originally Posted by Nikki
We took possession of our new condo in Jan, the building was completed in April. We have never received a property assessment and looking online on the City's website, it is still showing as undeveloped land. Does anyone know if we will eventually have to pay back taxes? Has this happened to anyone else?
TIA
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You will be assessed eventually, but the builder will have to make an adjustment with you for their share of the taxes in 2008 (depending when you took possession in January).