Posted by Rich-CA on May 09, 2008 at 12:28:34:
In Reply to: California Real Estate Law - Property Tax posted by Dank Dupree on May 08, 2008 at 22:17:27:
can be done when you close escrow. The funds can come from either side and that is up to negotiations. The taxes get paid by your escrow officer as part of their closing process.
State law requires the owner of record, and if you are the seller, that would be you, must pay their property taxes. Paying out of escrow when you sell is still paying.