Property taxes are paid every year, with the money for property taxes held in escrow so the funds are available when it's time to pay property taxes. Escrow Accounts: In some cases, property taxes may be held in escrow accounts, which can affect the seller's payment obligations.The property appraiser sends an annual Nofice of Proposed Property. Taxes in August to each property owner. From opening an account to closing, ensure a smooth real estate transaction. Make sure your address is up to date with the Palm Beach Country Property Appraiser's Office. Property taxes are payable November 1 to March 31 each year. When buying a home, putting money in an escrow account is required under certain circumstances. Here's everything you want to know about Palm Beach county property taxes, including tax rates, how to pay, and exemptions that reduce your tax bill. How are Palm Beach County property taxes calculated?