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& Tall Shop Inc. v. County of Dallas
If the taxes due exceed the value of the property, the
tax liability of the purchaser extends only to the point or limit
of the value of the property. But the purchaser is liable for the
total amount of taxes imposed (plus penalties and interest) up to
that limit. The court will not read into the statute any pro rata
limitation on this statutory liability.
May 02, 2005 at 12:00 AM
1 minute read
Updated on May 02, 2005
The original version of this story was published on Texas Lawyer
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