Varying Property Tax Grace Periods
Paying property taxes can be a burden on home owners. Home improvements, plumber's bills, appliance replacement/repair, exterminator fees, interior decorating and the costly list continues! So just when you think you are going to be able to save some of that paycheck, here comes that quarterly or every 6 months dreaded property tax bill. Cherry Hill, NJ kindly gives its citizens a 10 day grace period without any delinquency fees or penalties. Chaves County in New Mexico has a 1% penalty PER MONTH which appears to be equivalent to a ONE MONTH GRACE period where no penalties or interest will be charged to the income challenged(poor) citizens of Roswell. The county also has a very accommodating and sympathetic Treasurer's office. So thank you Alien City for being understanding to your poor, tired, and huddled masses. Judith Lohman points out that the one month grace period that is implicit in the phrase "1% penalty PER MONTH" may not really exist in some municipalit...