Property tax payment is a mandatory financial obligation imposed by local governments on property owners. It is calculated based on the assessed value of the property and is used to fund public services like schools, roads, and sanitation. Property taxes are typically due annually or semi-annually, varying by location. Failure to pay can result in penalties or liens on the property. Payments can often be made online, by mail, or in person at designated government offices. Property owners are responsible for ensuring timely payment to maintain compliance with local tax regulations and avoid potential legal consequences.