In 2008 MERP put a $16,338.19 claim on g'moms property valued at $43,780.00. Her only 2 daughters, 1 being my mom, want me to inherit it. MERP has allowed them a 50% hardship against property making its value now at $21,890. I have reciepts from 2009-16 where i have paid 10,958.21 in property taxes for it. Can & how do i claim these expenses against their claim?
Am i correct as to how they calculate their figures if property is. $43,780.00 Subtract 50% $21,890.10
My claim. - $10,958.21
Property Value. $10,739.31
Will MERP release $16,000. claim if property value is for less than their claim total.