2008-2009 NOTICE OF DELINQUENCY

The Los Angeles County Treasurer and Tax Collector is in the process of mailing out

237,166 notices of delinquency to taxpayers informing them that their property taxes for

the 2008-2009-tax year are delinquent and will default on July 1, 2009. At that time, a

$15.00 redemption fee will be assessed and the taxes will be subject to additional

penalties of 1.5% per month.

Treasurer, Mark Saladino, cautions that if residential property remains in a tax default

status for more than five years, the property can be sold at public auction.

Non-residential commercial property is subject to public auction if it is tax defaulted for

three or more years in accordance with State law.

Any taxpayer wishing to discuss the receipt of this notice or requiring additional

assistance may call the Proptax line at 1(888) 807-2111. Information is also available

on Los Angeles County Property Tax Portal at http://lacountypropertytax.com.