Sentences with phrase «prorated share of the property»
If the settlement agent did not give you full credit for the $ 4K seller concession in addition to the seller's prorated share of the property taxes, the settlement agent may owe you some money.
https://www.biggerpockets.com/ Not exact matches
Triple Net (NNN)-- The tenant pays a fixed rental amount each month but assumes majority of the expenses related to the property including but not limited to: real estate taxes, Common Area Maintenance (CAM's), and Insurance for the property (prorated share if not occupying entire premises).
A share of yearly property taxes, property association dues, and other similar fees prorated to the closing date.
The $ 1500 you received is for the seller's share of the prorated property taxes as reimbursement for the seller's share of the property taxes that you will pay in full at the end of the tax year.