COLONIAL HEIGHTS
TREASURER
REAL
ESTATE TAX
Real Estate Tax Bill:
Anyone who owns property
or acquires additional property, excluding those with exemptions or
deferrals or those who maintain an escrow account with a mortgage company,
should receive a tax bill fifteen (15) days prior the due dates of May 15 and November 15.
If you do not receive a bill, contact the Treasurer's Office before the
due date at (804) 520-9320. The appropriate information can be given over
the telephone. It is preferable, but not necessary to have the bill or a
copy of the bill in order to make payment.
Virginia law requires
that the Treasurer mail bills for taxes due at least two (2) weeks prior
to the due date. The policy of the Colonial Heights Treasurer's Office is
to mail bills at least thirty (30) days in advance of the due date.
However, if a bill is not delivered on time, the taxpayer is not relieved
of the penalty and interest charge required by law for late payment. This
is true whether the cause is Post Office error. The only time penalty and
interest is waived in this office is if it is fault in this office or
fault in the Commissioner of the Revenue office. The law is clear that the
taxpayer is required to know the due date, to determine the amount owed
and to pay it on time, even when a bill is not received by the taxpayer.
Escrow Accounts with a
Mortgage Company:
If you maintain an escrow
account with a mortgage company, your mortgage company remits payment for
your taxes. However, if you do pay into escrow yet receive a bill, forward
the bill to the mortgage company. You should also ask them to request, in
writing, the bill from the Treasurer's Office for future billings. It is
the mortgage company's responsibility to request a tax bill for payment of
your taxes and the homeowner's responsibility to ensure that the taxes are
paid on time.
If the mortgage company
fails to make the request in time for the due date, a late penalty will be
added to any bill not paid by the due date. Interest will begin accruing
on the first of the following month. It should also be noted that even
though it is preferable to have the original or a copy of the bill, it is
not necessary for payment. Payment information, in the event that the due
date is near, may be acquired over the telephone.
If your mortgage should
sell to another mortgage company, the property owner should contact this
office immediately of the change at (804) 520-9320.
When You Purchase or
Sell Real Property:
Under Virginia law, real
property is assessed for the entire year in the name of the owner as of
January 1st of the year. The purchaser at a sale is required to see that
the proceeds from the sale are applied at settlement to any taxes and
levies assessed on the real estate. The liability is prorated between the
buyer and the seller, but the lien which arises from a delinquency
attaches to the land.
If you buy property, your
settlement attorney must ascertain that all taxes due and prorates them
for payment out of settlement. If you have sold the property referred to
on the tax bill and another person has assumed responsibility for payment,
please forward the bill promptly to that person or return it to the
Treasurer's Office with information as to the new owner. A delay on your
part in this regard may require the new owner to pay a penalty and
interest on a late payment.
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