In California, when you change ownership of real estate property, the Assessor is legally obligated to revalue its worth. As a result of this process, it’s possible that one or two additional tax bills may be issued and sent straight to your mailbox – so don’t forget! It’s essential to pay these supplemental taxes before their deadline in order to prevent costly late charges from accumulating.

Need help with a property tax question? Reach out to the County Tax Collector’s Office – they can guide you every step of the way. If you’d like your supplemental taxes paid from an impound account, make a copy of the bill for safekeeping and then send along your loan number plus written authorization over to your lender.

Your lender must receive the original bill and request from you prior to the delinquency date, or you may be assessed a late penalty by the Tax Collector. If there is a penalty, it will be paid from your impound account, along with the supplemental tax payment. Your lender will pay the full, annual installment amount upon receipt of your request as long as there is enough funds in your impound account to cover the bill.