California Public Tax Deeds

Unlike most other states, California is a tax deed state and its tax year is from January to December and the assessment of these property taxes is handled from June 1st to June 30th. But instead of just having a fiscal year of 2008, it will have a fiscal year of 2007 to 2008 and then 2008 to 2009.

These California property taxes are dealt with in two different stages: the first installment is on the first day of November and delinquent fees are due on December 10. The second installment is February 1st and the arrears are due on April 10th, and the delinquency issue adds another ten percent to the already high tax bill. Properties that are not paid as of June 30 of each year, will be filled as delinquent.

As of July, the first titles of these controlled by the government and the other invoices that are not paid will be subsidized at a rate of 1.5 percent per month and 18 percent per year. Although this is a state that deals with tax deeds which are not that easy to do in this particular state, this is put up for sale within five years of unpaid property bills. The redemption program begins on July 1 of the particular year and lasts for the rest of the five years until the house is put up for sale.