Marriott Frenchmans Cove Taxes

[kdorward]

We received a notice to pay the taxes for Frenchmans Cove. Soon after we received the noticed I believe I received a notice or saw somewhere not to pay the taxes. Now i can't find where I saw not to pay it. Has anyone payed the Frenchmans cove taxes. I am wondering what we should do with these taxes.

 

[pfrass]

We paid the 2006 when we got the bill and the check was cashed. The bill came from the Virgin Islands government. This thread may help...
www.tugbbs.com/forums/showthread.php?t=82057&highlight=frenchmans+taxes

 

[jimf41]

The USVI has some tax assessment problems that are not yet worked out. One of the problems is billing the first owners at FC before the resort was open. I don't know how its going to work out but it's certainly going to be a large bill if they keep delaying it. the following link provides more info and contacts.

http://ltg.gov.vi/office-of-the-tax-assessor-cadastral.html

 

[JCerniglow]

How will this work for resales? If I buy resale today will I be on the hook for the prior owners tax bill from before my purchase?

 

[Dave M]

Yes, you likely will be on the hook. Generally, when you purchase real estate, you become subject to whatever liens or debts attach to that property.

 

[kdorward]

I agree that I will owe the taxes. But I thought I saw something from Marriott about waiting to pay it until things get settled. Now I can't find where I saw that. I want to make sure I don't get a penalty.

 

[Dave M]

Yes, you likely did see something. See the first post in the thread linked in the first response to your initial post in this thread.