Legal Question in Wills and Trusts in New York

If a home is left in an estate and is then sold. If the seller paid the quarterly taxes prior to selling the home do they get that money back at closing?

Asked on 6/11/16, 3:23 am

2 Answers from Attorneys

Arnold Nager Arnold H. Nager, Esquire

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They are prorated to the date of sale between the Seller and Buyer. Your attorney will make the calculations.

Answered on 6/11/16, 11:31 am

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Walter LeVine Walter D. LeVine, Esq.

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I agree. Prorated proportionate to period owned by each party.

Answered on 6/11/16, 1:33 pm

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