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.
Answered on 6/11/16, 11:31 am
Walter LeVine
Walter D. LeVine, Esq.
I agree. Prorated proportionate to period owned by each party.
Answered on 6/11/16, 1:33 pm