Business

Sofia Davis

21 April, 10:35

On December 10 a property was closed in escrow. The assessed valuation of the property was $250,000. The tax rate for real property was $25 per thousand. The current taxes have been paid. The seller is responsible for the day of closing. What will the buyer be charged for his portion of the taxes?

a. $2,850b. $2,890c. $3,460d. $6,380

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