The Quiz
1. When do taxes become a “Lien” on your property?
2. Taxes are
by the County.
3. Prior to Certifying who would pay for the taxes?
4. What time period is covered by the tax year?
5. If we are closing Sept. 15th and there is a Lender involved how much will Escrow Hold to pay the taxes?
6. What is the discounted amount you get if you pay by November 15th?
7. Proration is an
for an item that has been or will be paid by a Buyer or Seller
8. If closing is September 15th and rent of $500.00 for the month has been collected who will get the credit for the remaining month?
9. Who certifies the tax rolls?
10. Deposits were collected on this rental property, who will receive those deposits?