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

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

Read more
Answered on 6/11/16, 11:31 am
Walter LeVine Walter D. LeVine, Esq.

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

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


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in New York