Your Property Tax Questions Answered
County Property Tax Proprations Riverside County California
Installments:
Due November 1st, delinquent December 1st
- 1st installment secured property taxes due.
- They are from dates July 1st to January 1st.
Example: July 1st, 2016 to January 1st, 2017
If Seller pays/paid said taxes, the Buyer will owe the Seller a credit from the close of escrow until January 1st, 2017.
If Buyer pays said taxes, the Seller will owe a credit to the buyer from July 1st to close of escrow.
Due February 1st, delinquent April 10th
- 2nd installment secured property taxes due.
- They are from the dates of January 1st to July 31st.
Example: January 1st, 2017 to July 1st, 2017
If Seller pays/paid said taxes, the Buyer will owe the Seller a credit from close of escrow until July 1st, 2017.
If Buyer pays said taxes, the Seller will owe a credit to the Buyer from January 1st to close of escrow.
General/Specific Property Taxes, Supplemental Tax Bills, Bonds and Assessments:
General/Specific Property Taxes: Escrow holder shall prorate general and special taxes for the current fiscal year, based on the most recent and available tax bill from the County Assessor’s for this subject property. These tax pro-rations will apprear as a buyer and/or seller tax debits/credits on the property closing statement.
Riverside County:
Reach Us: Telephone: 951-955-3900 Facsimile: 951-955-3923
Mailing Address: Riverside County Treasurer PO Box 12005 Riverside, CA 92502-2205
Email: ttc@rivcottc.org (please be advised to include the Assessment Number in your message)