The Synthesis of "property tax proration"

Discover what proration means in real estate. Learn how expenses like property taxes and HOA fees are fairly divided between buyer and seller at closing.

Discover what property tax is, why it's a key topic today, and how this local tax on real estate impacts homeowners, renters, and communities.

Discover what assessed value means for your property taxes. Learn the difference between assessed value, market value, and its impact on homeowners.

Learn about transfer tax, a fee on property title transfers. Understand how it's calculated and who pays for it during real estate transactions.