Aloha!
The first installment of the new real property tax year
comes due on August 20th. Payments received after the 20th
will be subject to a penalty of up to 10% of the amount due, plus
monthly interest charges for each month or portion thereof that the account
remains unpaid.
Below please find links to three useful informational tools for
your use, or to share with your clients:
- Home Exemption Form (remember, the exemption form cannot be filed until your Buyer has closed on their purchase, and does not take effect immediately - it must be submitted by December 31st for the exemption to take effect in July of the following year.)
- Understanding Real Property Taxes Flyer, which answers general real property tax questions, and provides an excellent table of important dates, noting the deadlines for filing for exemptions and appeals, as well as tax due dates.
You can find payment
information here: Maui County Website ~ Real
Property Tax Assessments , or call their offices at 270-7297 for
any other questions.
If you have any questions about how real property taxes will be addressed in your escrow, please contact your favorite Fidelity escrow officer - we would love to help you!
Please also visit our website, FidelityMaui.com, as a resource for this, and many other industry topics.
Blog written by:
Tori
LaPolla , AVP | Escrow Officer
Direct 808.446.8621
| Direct Fax 866.787.9092 | email: Tori.Lapolla@fnf.com
