Quote:
Originally Posted by troutman
I can assure you builders don't pay property taxes for buyers out of the kindness of their hearts.
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Absolutely true. You will definitely be getting a letter from their law firm advising you of the amount that must be paid for the 2008 taxes. If the entire building isn't fully completed or occupied they will explain the calculation used to determine the tax amount you will be charged. There may also be an adjustment for condo fees paid on your behalf before your property management company starts directly collecting from you.
This is what happened with both of my condos that I bought over the last few years.