Playing monopoly, if you owe the bank ?

Question

Lets say you have $140 and you picked a card that says pay $150 in school taxes. Can you still sell your property to pay taxes or do you go bankrupt and loose the game?

Answer 1

you cant sell it at that point, but you can mortgage property.

if you turn over any property title deed card (or watever theyre called) it has a "mortgage price" on the back.

you can mortgage as many properties as you need to.

you do this by turning the cards you want to mortgage upside-down, and then you can take the amount of money they mortgage for out of the bank...

the thing is, if somebody lands on a property that belongs to you but is currently mortgaged, they dont have to pay any rent.

you keep playing the game normally except for this, and when you have earned enough money to unmortgage the property, you do so by paying the amount you mortgaged it for plus 10% back to the bank, and the you can turn the card(s) back over and collect rent the nxt time somebody land on it.

i dont know whether this is easy to understand, but good luck, i hope you win!!

xx

Answer 2

yes u can sell a house instead

Answer 3

Yes, you can absolutely sell or mortgage property to pay the bank.  You always have the opportunity to sell your assets to pay a bill - as a matter of fact, you are required to before declaring bankruptcy.

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Answer 4

SELL THE PROPERTY

Answer 5

You can mortgage an existing property that you may own. Or you can go bankrupt, losing the game if you do not have a property to mortgage.

Answer 6

Yes, but I think selling is too drastic. Mortgage a property for now.

Answer 7

u can mortgage your property and still stay in the game...hurry up and pass go:)have fun!

Answer 8

You have the same options that apply when you owe a player money.

You can:

Mortgage Properties that don't have buildings

Sell buildings

Sell properties to other players. (including ones you've mortgaged, but the player that buys the property must immediately pay the 10% fee)

Sell a Get out of Jail Free card to another player.

If you can't do any of that and do go bankrupt to the bank. The bank inherits all your property and immediately begins auctioning each property to the rest of the players.

Answer 9

You don't have to sell your property.  You can MORTGAGE it if you want to, and raise some cash that way.  But yes, you do have to find some way to pay the bank the money you owe.

There are different ways to raise cash.  You could:

Sell some of your property to another player

Sell some houses or hotels you own

Mortgage some of your property

And the word is lose, not loose.  If you don't win, you lose, you don't loose.  (If you shoelaces aren't tight, THEY are probably LOOSE.)

Edit:  Lionheart's answer below me is wrong.  There is nothing in the rules that say you can sell a property back to the BANK.  (The bank doesn't want it back.)  You can ONLY sell property to other players.

Answer 10

i think you can sell it

Answer 11

You can always mortgage your property to the bank to pay debts.  If all your property is mortgaged, and you owe the bank, all the property goes to the bank.  You can then watch TV while the others continue play.