Always check the offices of the appropriate taxing authority for the status of taxes which are currently due and payable or delinquent. In addition, when insuring PUDS, condos, or other developments which incorporate association fees or dues, all homeowner’s fees and/or assessments must be brought current and paid at closing. Status of taxes and assessments must be obtained in writing from the assessing or levying authority. Verbal information is not acceptable and cannot be relied upon.
Always include an exception in any commitment or policy for any existing lien for taxes or assessments which are due but not paid or are not yet due and payable.