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re: Property Tax Situation

Posted on 2/18/13 at 4:53 pm to
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17284 posts
Posted on 2/18/13 at 4:53 pm to
quote:


Question: Am I legally and ethically responsible to rebate the seller for the tax savings?


I say no, if the seller was concerned he/she should of done the leg work and called the assessor etc,

Think of it this way, what if the tax bill would of come in higher? would the seller be responsible for paying a higher prorated portion, i say no there too, at the closing both parties agree to a deal.
Posted by BigAppleTiger
New York City
Member since Dec 2008
10390 posts
Posted on 2/18/13 at 5:00 pm to
quote:

Think of it this way, what if the tax bill would of come in higher? would the seller be responsible for paying a higher prorated portion, i say no there too, at the closing both parties agree to a deal.

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