Chosen by Asker

I'm guessing. You received your property tax statement from your county assessor in California, right? The 1st installment is due November 1st and is delinquent on December 10th. If you fail to pay the 1st installment, then you will be charged a 10% penalty. The 2nd installment is due February 1 and is delinquent in April. Similarly, if you fail to pay the 2nd installment by April, then you will owe a 10% penalty. If you have a mortgage on your property, as soon as you are delinquent, your mortgage company will take the following steps: - Pay the property tax for you. - Charge you for the property tax. - Establish impounds.

by zeuz

3 weeks ago

Asker's Rating: 

Is this property tax? If so, it will say for which quarter you are paying.

by krn001- 3 weeks ago

It means that if you do not pay by this date, you will be in default and will be charged penalties and interest and, potentially, the fact that you are late could be reported to the credit bureaus and negatively impact your credit history.

by MadMan- 3 weeks ago

We have no idea what you're talking about. You got what "taxes" from where?

by jlf- 3 weeks ago