Tax payments must be received on or before the due date to avoid interest and demand charges. If payment is not made on or before the due date, the account will begin to accrue interest at the rate of 14% per annum, computed from the date the bill was due.
10 days after a 4th quarter bill a demand notice will be sent and a demand fee is charged against the account.
If the account remains delinquent after further attempts to notify owners and collect unpaid real estate taxes, the owner's name, address and the amount owed will be advertised in the Bedford Minuteman, additional fees will be assessed and a tax lien will be placed on the property and recorded with the Registry of Deeds. A tax lien is the first step in the foreclosure process. All taxes, costs, and interest must be paid to prevent foreclosure.