Escrow & Title

When a Maine property is sold 'subject to' outstanding real property taxes, who is responsible for paying those taxes?

AThe listing agent
BThe new owner (buyer), who has taken the property subject to the tax obligation✓ Correct
CThe seller's estate
DThe title insurance company automatically

Explanation

When property is purchased 'subject to' existing tax liens, the buyer takes ownership with the tax obligation attached. The buyer is responsible for paying the taxes, though the seller may remain personally liable on the underlying debt.

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