Real Property Taxes in Arizona

Due Dates Taxes assessed annually and payable in two installments 1 st half due October 1, delinquent November 1 2 nd half due March 1 of following year, delinquent May 1 Taxpayer may pay the entire year prior to December 31 and have the delinquencies for the 1 st half waived

Unpaid Taxes A tax certificate is sold at public auction Certificate bears interest rate established by auction (no more than 16% per annum) If delinquent 3+ years, certificate holder may commence foreclosure on property Property owner has responsibility to pay taxes and notify tax assessor of any address changes

Portions of Tax Bills A portion of a piece of vacant land sold and not yet assessed Estimated tax amount for coming year may not be available Entire tax bill for entire piece needs to be paid current

Mortgage Holders and Taxes Treasurer must send copy of tax bill to owner at last known address Lender must either return tax bill to treasurer or forward tax bill to borrower when loan paid off If lender fails to comply, lender is responsible to owner for all resulting interest and penalties

Assessments General Paid with property taxes Special Levied as one lump sum Frequently payable over longer period (usually 10 years)

Special Assessment Escrow Issues Escrow officer can request pay-off Pay-off may not be acceptable for a long term assessment Escrow officer can request status of tax payments

Pinal County: San Carlos Irrigation District A water assessment that is paid ahead of time Unlike real property taxes Check tax sheets for amount allocated from taxes to San Carlos