Jimmy Williams
Junior Member
What is the name of your state? New York
I own a 6 acre parcel of land. In April 2007, I had a purchase offer of a sub-divided one acre parcel. I had the land surveyed and at closing, the buyer backed out in August 2007.
In March 2008, I get assessed for the new one acre parcel at the selling price. The Town says they can do nothing until next year when the one acre parcel can be put back into the parent parcel. In the mean time I will have to pay the taxes on the one acre parcel. This is a waterfront parcel and the selling price was $80,000.
I own a 6 acre parcel of land. In April 2007, I had a purchase offer of a sub-divided one acre parcel. I had the land surveyed and at closing, the buyer backed out in August 2007.
In March 2008, I get assessed for the new one acre parcel at the selling price. The Town says they can do nothing until next year when the one acre parcel can be put back into the parent parcel. In the mean time I will have to pay the taxes on the one acre parcel. This is a waterfront parcel and the selling price was $80,000.