Sec. 12-70. Obligation of purchaser of real estate assuming payment of taxes.
Sec. 12-70. Obligation of purchaser of real estate assuming payment of taxes.
When any person, at the time he acquires equity in real estate, expressly assumes the
payment of taxes which are to become payable thereafter, he shall become liable for
the payment thereof to the same extent and in the same manner as though such real
estate were assessed in his name.
(1949 Rev., S. 1744.)
As to retroactivity, see 133 C. 242. Veteran not entitled to refund under provisions of Sec. 12-81(19). 135 C. 228; 155
C. 339. History and intent discussed. 135 C. 228; 164 C. 178. Purchaser from tax-exempt vendor assumes no liability for
period prior to purchase. Id.