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Who pays property taxes?
Daniel Rollingher avatar
Written by Daniel Rollingher
Updated over 10 months ago

Property taxes are typically due two times a year, once in the spring and once in the fall. Due dates and rates may vary by jurisdiction.

The owner of the Fabrica NFT is always responsible for paying property taxes. Failure to pay taxes may result in a lien being placed against the property and/or foreclosure of the property.

Fabrica does its best to notify token holders of their responsibility to pay property taxes, but it is ultimately the owners responsibility to pay taxes on time, and Fabrica is not responsible for any late or missed payments.

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