The process for taxing real property begins with the purchase of property. Once a sale is finalized, a deed is recorded with the Clerk of Superior Court's Office at the Forsyth County Courthouse in Cumming, Georgia. The Tax Assessor's office then assigns a value to the property and an assessment notice is mailed to each individual property owner in May of the following year. The property owner then has a 45 day period to appeal the assigned value.
Once the appeal process period has ended, a tax digest is compiled. The tax digest is an official listing of all property owners in the county, the assessed value of the property they own, and the taxes levied on the property. This is the central document of the Tax Commissioner's Office. It is a complete listing of property owners, their street addresses, legal addresses, property locations, exemptions, assessments and taxes due. Once completed, the digest is submitted to the State Department of Revenue for approval by the Director of the Property Tax Division.
After approval is received by the Forsyth County Tax Commissioner, bills are prepared and mailed (usually around the later-half of August). In accordance with Georgia State Law, tax bills are mailed to the both the owner of record as of January 1st of applicable tax year, and the owner of record at the time of mailing (if different). PLEASE NOTE - FAILURE TO RECEIVE A BILL DOES NOT RELIEVE RESPONSIBILITY OF PAYING TAXES DUE. The due date for payment is November 15th. Past-due taxes accrue additional interest monthly until paid in full. Past-due taxes are also subject to a maximum penalty equal to 20% of the unpaid principal (applied in 5% increments every 120 days past-due). Tax liens (Fi.Fa.’s) are issued against properties with past-due taxes and are recorded with the Clark of Superior Court. Properties with unsatisfied tax liens are subject to seizure and tax sale in order to satisfy lien (with certain rights of redemption).