Tuesday, January 26, 2010

NY County Avoids Foreclosure of Tainted Properties

January 26, 2010- When you haven't paid property taxes in 20 years, there's a good chance the county will take your property - unless it once housed a gas station, metal foundry or landfill.
The owner of a piece of land that once housed a gas station in Johnsburg can attest to that. He hasn't paid property taxes since 1989. The property has long been unused, but in light of the cleanup the property will likely need, the county has decided not to foreclose, officials said.

When there's a possibility a property has environmental contamination that could require cleanup, prospective owners - including the county - are hesitant to take title because they could be on the hook for the cleanup bill.


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