Solved

Tom Comstock Was Under Water in His House, with a Mortgage

Question 76

Multiple Choice

Tom Comstock was under water in his house, with a mortgage of $320,000 and a property value of $200,000. He walked away from the property. When taxes became due, the mortgage company did not pay them as usual because the mortgage company had gone into bankruptcy. The assessor tried to send a notice to Tom, but he was not at the address. The assessor sold the property at a tax sale. Tom is trying to set aside the sale because he was not notified. Which of the following is correct?


A) The assessor had to do more than just mail the notice to the property address.
B) The assessor is not required to do more than mail the notice to the property address.
C) The assessor cannot conduct the tax sale until it notifies Tom.
D) The assessor must serve Tom personally.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents