Tax Prorations

CLOSING DATES TAX PRORATIONS
JULY 1 NO PRORATIONS NO PRORATIONS
AUGUST 1 CHARGE SELLER 1 MONTH CREDIT BUYER 1 MONTH
SEPTEMBER 1 CHARGE SELLER 2 MONTHS CREDIT BUYER 2 MONTHS
OCTOBER 1 CHARGE SELLER 3 MONTHS CREDIT BUYER 3 MONTHS
NOVEMBER 1 Collect 1st Installment Taxes From Sellers Account
CREDIT SELLER 2 MONTHS
CHARGE BUYER 2 MONTHS
DECEMBER 1 CHARGE BUYER 1 MONTH CREDIT SELLER 1 MONTH
JANUARY 1 NO PRORATION NO PRORATIONS
FEBRUARY 1 Collect 2nd Installment Taxes From Sellers Account
CHARGE BUYER 5 MONTHS
CREDIT SELLER 5 MONTHS
MARCH 1 CHARGE BUYERS 4 MONTHS CREDIT SELLER 4 MONTHS
APRIL 1 CHARGE BUYER 3 MONTHS CREDIT SELLER 3 MONTHS
MAY 1 CHARGE BUYER 2 MONTHS CREDIT SELLER 2 MONTHS
JUNE 1 CHARGE BUYER 1 MONTH CREDIT SELLER 1 MONTH