Michael Jackson closed down Neverland to reduce costs. A spokesperson for the pop star refused to comment upon his future plans for the 1,100 hectare (2,800 acre) ranch.
Jackson agreed to settle an unpaid wage bill of $306,000 after being threatened with legal action, but was fined for allowing insurance to lapse. The penalty amounted to $169,000.
Then authorities issued a stop-work order to staff after the insurance discrepancy was uncovered.
A local veterinary surgeon put employees who look after Jackson's menagerie on his payroll, while security is being handled by the Jackson family.
The star has been residing in Bahrain since his trial last year, where he faced child abuse charges. After a four-month court case he was cleared.
It was reported in 2007 that Michael Jackson had lapsed on his mortgage payments for Neverland and that it was listed in Default. The latest reports seem to indicate that he's cleared the default and will continue to own Neverland, though he has no plans on living there again.