Regular Property Tax Bill
If you requested to pay the property taxes yourself – you will receive an “Annual Property Tax Bill”, so be sure to pay both installments prior to the due date as to avoid any late fees and penalties.

If you requested for your property taxes to be impounded (make tax payments each month along with your mortgage payment), then your lender will pay the tax installments directly to the tax collector when they come due.

Supplemental Tax Bill
After closed of escrow, the new homeowner may receive a “Supplemental Property Tax Bill”.

A new assessed value for the home may lead to an increase in the tax amount. To address any potential increase, the tax collector or assessor may mail the supplemental tax bill requiring payment from the new homeowner who is responsible for the difference.

The “Supplemental tax bill” is typically issued within six months after the close of escrow.

Even if the buyer has an impound account, the “Supplemental tax bill” is sent directly to the buyer by the tax collector, rather than to the lender and must be paid. The homeowner should provide a copy of this “Supplemental tax bill” to the lender after payment, as such increase in the annual taxes may alter the amount of taxes due in the impound account for future taxes.