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                                                         #803

When an item is prorated at closing the item is considered the type of item which will not have to be paid for.

Is this fact true or false ?

Please take your time. The solution is posted below the wildlife photo.

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A. False

When an item is prorated the item will be calculated as an expense based on a certain time period and cost rendered according to a portion of an amount divided by the number of days or any specified time element representative of the original assessment and mutliplied as a fraction of the whole.


David Saks


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David Saks

Memphis, TN

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The Real Estate Mart of Tennessee, Inc.

Address: 4040 North Watkins, Suite #4, Memphis, TN, 38127

Office Phone: (901) 357-4663

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