Developer defaulted on 2000 taxes - my liability?

[springkitten]

I reside in Chicago, Illinois.
I closed on a condo on 12/22/00 (one of three newly divided properties). The other owners moved in in May 2000 and October 2000.
I have a proration agreement.
The developer has failed to pay the second-half 2000 tax bill, for an amount which reflects reassessment of the newly redeveloped property (formerly a single family residence).
The other owners are claiming we have to pay it, or lose the property, and I should pay one third.
Does this make sense to anyone?

 

[HomeGuru]

Yes, it does make sense.
I suggest meeting with the tax office and explain the situation.
You should not be liable for taxes for the period before you took title to the condo.

 

[springkitten]

Thanks for your help !

 

[HomeGuru]

Good luck to you.