While property tax statements may feel mundane and tedious, it is imperative that you do not overlook or ignore them.
While most property tax statements are correct and require no revisions, many can include discrepancies that can cost you money. At Valor, our team is committed to reviewing your property tax statements to ensure they are accurate. We do not want to see asset owners being taxed on land they don’t own or paying for a mistake made by a third party.
Basic information and key dates regarding property tax statements:
1. When are property tax statements mailed out?
Usually the first week of October.
Note: Failure to receive a property tax statement does not waive penalties and interest. Therefore, it is important that you have records of all your property tax statements.
2. What do I do if I don’t receive my property tax statement?
Visit your local county tax website (where your property resides) to search and access your statement. If you have Valor Mail Services set up, we will complete this process for you.
3. What is the last day to pay my property taxes without penalties?
January 31st.
Need assistance with property taxes? Let us help! Contact us today and let Valor be your extra set of eyes.
The information provided by Valor in this blog is for general informational purposes only, not to provide specific recommendations or legal or tax-related advice. The blog/website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
Key Takeaways
- Mailing timeline: Property tax statements are typically mailed out during the first week of October each year to property owners.
- Non-receipt is not an excuse: Failing to receive a property tax statement does not waive penalties or interest, making personal recordkeeping essential.
- Accessing missing statements: Owners can visit the local county tax website where the property resides to search for and download their statement.
- Payment deadline: January 31st is the final day to pay property taxes without incurring penalties or additional interest charges.
- Common discrepancies: Statements can contain errors that cause owners to be taxed on land they don't own or charged for third-party mistakes.
Read more from Valor
- Mineral Management Services — Title verification, lease analysis, royalty audit, division-order maintenance.
- Individual Mineral Owners — Royalty audit and recovery for individual owners.
- Trusts And Estates — Probate, transfer-of-title, division-order updates after death.