For example, people who fail to pay their 1999 delinquent property taxes will lose there property to foreclosure in March, 2002. With this new act, the amount of time to pay taxes has been reduced from approximately five years to approximately three years. Property owners face higher interest and fees for not paying their taxes. 1999 Property taxes billed by city, village or township treasurer. Unpaid 1999 property taxes are forwarded to the county treasurer for collection.
Circuit court enters a judgment of foreclosure.
From the date of this judgment of foreclosure. From the date this judgment, property owners have only 21 days to pay the taxes or lose their property. Clear title to the property passes to the State. Under the new law, if your taxes are delinquent for three years, that's it. You've lost the property.