Closed on selling my house 2 Years ago. Now buyer is trying to sue me for 490.00 for homestead exemption that I had but she didnt qualify for in time to get a tax break. Can she sue me for this?

Anybody can sue you for anything from the end of the day they got approved you guilty. But in regards of claim, as soon as she or him takes ownership are responsible to apply for any discounts that they qualify for after taking possession, title company, discloses tax info at closing.

Good news, there is a way for your buyer to get reimbursed for the homestead exemption for the past 3 years. This can all be corrected at the county if she can prove she was living there. I actually have an agent who works for me that specializes in getting homestead rebates. I am sure he would be happy to talk to you about it. Reach out -- Ed@NeuhausRE.com or 512-827-8830

Drew! Great question! To preface my answer, I'd like to say that legalities will not be found here, but rather generalities and if you'd like more precise answers, you should definitely consult an attorney. Also, a lawsuit for $490!? That sound pretty petty and silly haha, but to each their own! As a general rule, if there is a discrepancy on the tax prorations done at the time of closing and one party feels as though the credit was not correct, that party can go after the other party for the difference. It's not a super common occurrence. I understand this to be a civil matter that only applies to the calculation of taxes for the tax year in question and no subsequent years. If I were so inclined to take a matter such as this serious, I would want to make sure that the money is only from that year and see the proof. Homestead exemption aside, remember that regardless of why the calculations were done incorrectly, IF they were, then you were awarded money that was not meant to be yours and it should, in my mind, be rightfully given back. But, that's up to you and possibly, ultimately a court to decide. Best of luck with this matter Drew! Feel free to reach out anytime! codysellproperty@gmail.com 346-412-6603

Drew! Great question! To preface my answer, I'd like to say that legalities will not be found here, but rather generalities and if you'd like more precise answers, you should definitely consult an attorney. Also, a lawsuit for $490!? That sound pretty petty and silly haha, but to each their own! As a general rule, if there is a discrepancy on the tax prorations done at the time of closing and one party feels as though the credit was not correct, that party can go after the other party for the difference. It's not a super common occurrence. I understand this to be a civil matter that only applies to the calculation of taxes for the tax year in question and no subsequent years. If I were so inclined to take a matter such as this serious, I would want to make sure that the money is only from that year and see the proof. Homestead exemption aside, remember that regardless of why the calculations were done incorrectly, IF they were, then you were awarded money that was not meant to be yours and it should, in my mind, be rightfully given back. But, that's up to you and possibly, ultimately a court to decide. Best of luck with this matter Drew! Feel free to reach out anytime! codysellproperty@gmail.com 346-412-6603

Drew! Great question! To preface my answer, I'd like to say that legalities will not be found here, but rather generalities and if you'd like more precise answers, you should definitely consult an attorney. Also, a lawsuit for $490!? That sound pretty petty and silly haha, but to each their own! As a general rule, if there is a discrepancy on the tax prorations done at the time of closing and one party feels as though the credit was not correct, that party can go after the other party for the difference. It's not a super common occurrence. I understand this to be a civil matter that only applies to the calculation of taxes for the tax year in question and no subsequent years. If I were so inclined to take a matter such as this serious, I would want to make sure that the money is only from that year and see the proof. Homestead exemption aside, remember that regardless of why the calculations were done incorrectly, IF they were, then you were awarded money that was not meant to be yours and it should, in my mind, be rightfully given back. But, that's up to you and possibly, ultimately a court to decide. Best of luck with this matter Drew! Feel free to reach out anytime! codysellproperty@gmail.com 346-412-6603