Michael Jackson has finally settled the outstanding $600,000 property tax debt on his Neverland Ranch.
The pop star paid off a state tax lien on the property, according to Santa Barbara County records.
The settlement amount included penalties and fees, but did not take into account the $23 million the singer owes after defaulting on loans he took out on the ranch. One financial services company, Fortress Investment, is already two weeks past the time it can start foreclosing on the property.
The ranch has been vacant since 2005. Jackson has vowed not to return to Neverland because of the bad memories associated with the property, on which he has been accused of child abuse. The ranch at one time attracted hordes of visitors to its Disney-like environment and hosted both a zoo and fairground.
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