|
|
| |
Message to New Homeowners
from the Assessor-County Clerk-Recorder
Larry W. Ward
Congratulations on the purchase of your home in Riverside County. Home ownership is a dream come true for many Californians and a source of pride and financial security. Our office, in cooperation with the Auditor-Controller and Treasurer-Tax Collector are committed to helping make the property tax process more understandable and a part of the positive experience of home ownership. Please take a few minutes to review this information:
Annual tax bills are mailed once a year by November 1. The first installment is delinquent if payment is not received on or postmarked by December 10, the second installment is delinquent if payment is not received on or postmarked by April 10. If you do not receive a tax bill, you may request a substitute bill by calling the Treasurer-Tax Collector at 951-955-3900 or visiting their website at
www.treasurer-tax.co.riverside.ca.us.
Even though known taxes are prorated between the buyer and seller during escrow, all annual property taxes may not have been paid to the Tax Collector at that time. By calling the Tax Collector you can determine if any taxes are due and obtain a duplicate tax bill.
State law makes it your responsibility to pay the taxes whether or not you receive a tax bill.
|
Supplemental Property Taxes
|
In addition to annual taxes, you may be responsible for paying supplemental property taxes. Supplemental bills are based on the difference between the old assessed value and your new assessed value, which is generally your purchase price. The amount is prorated based on the number of months left in the fiscal year from the date you purchased your home. If the property is reassessed at a lower value, you will receive a refund.
Supplemental tax bills are your responsibility and will be mailed directly to you by the Treasurer-Tax Collector’s Office. These bills are not generally paid by impound accounts.
If you own and occupy your home as your principal place of residence, you are eligible for a Homeowners’ Exemption, which reduces your property tax by about $70 annually. You will be sent an application about three to four months after your deed is recorded.
As the Assessor-County Clerk-Recorder for Riverside County I am committed to providing the best service possible to the property owners of Riverside County. If you have any questions, don’t hesitate to call my staff at 951-955-6200 toll free at 800-696-9144 or visit our website at
www.riversideacr.com.
|
|
|
|
