Montgomery County Tax Update

Montgomery County Tax Update

The Montgomery County, Ohio Auditor and Treasurer just announced that the 2nd half taxes will not be due on July 17, 2020, and they are now due on August 14, 2020.   We expect that other counties will likely  follow suit.  To address some of your client’s likely questions:


1.      This will not change how we prorate taxes;

2.      This will not change who is responsible for 2nd half taxes – seller will remain responsible for any/all taxes due for closings that occur on or after July 1, 2020 ;

3.      This may change the amount that a lender collects into the escrow account at the time of closing (however, escrow accounts should be established for future years payment in the usual month of payment.)

4.      This will change the date on which we will collect for late fees/penalties (5% then 10%).


As always, please contact M&M Title Co. if you have any questions or if we can be of additional assistance!