AboutSharon Wilkerson Expertise I can answer questions on residential real estate whether they concern buying or selling, 1031 exchanges, or investment property/vacation property. I can answer some questions on South Carolina law concerning the aforementioned property type sales. I cannot answer questions concerning commercial property.
Experience I am a realtor in the Charleston, SC, area which is an historic seaport town on the coast located between Myrtle Beach and Hilton Head. I have serviced both buyers and sellers from those looking to purchase their very first home to those looking for a place to retire. I have a network of realtors around the South Carolina area with whom I am in touch concerning the South Carolina real estate market.
Organizations The Charleston Tri-county Association of Realtors; The South Carolina Association of Realtors, The National Association of Realtors; Women at Work; The National Conservancy; Daughters of the American Revolution
Education/Credentials BA degree in Business and BA degree in Theatre Arts
Question who pays property taxes in a rent to own agreement
Answer The rental fees are often figured to include the coverage of property upkeep, insurance, and taxes, so technically it can be said that the renter contributes to the payment of the taxes; however, the actual payment of the property taxes to the government is the responsibility of the owner of the property not the renter. It will depend on the terms of the contract, but I would be very surprised if an owner made a renter responsible for writing the check for the property taxes. The renter should have a clear understanding of all the terms of the contract before signing.
Sharon Wilkerson, REALTOR
Carolina One Real Estate
www.sharonwilkerson.com
