All American Pet Company Inc (AAPT)

[Stk Stalker]

Yes, I read what you posted. There is NO PROOF there that AAPT is delinquent! Just because the taxes are delinquent on the entire property, doesn't mean AAPT is delinquent. The owner still has the responsibility to pay the taxes on THEIR property. If AAPT is up to date with their Rent, tax portion, etc., they have no liability in this matter.

As for the tax sale, certainly there could be taxes due to get the property free and clear. That's why you get it at less than it's value. Duh!

If the owner is trying to sell the property before the lease is up, I would think that they would give AAPT an opportunity to buy it. Why would they turn down a potential buyer. Especially since they can't afford to pay the taxes even though AAPT gave them part of the taxes.