Chapter 13: 1. How is the pro rata of miscellaneous charges accomplished? Example: insurance premiums, water and sewer charges, property taxes: review study questions one through four in text

1.If a closing occurs on September 1 of a 365-day year, how will the years property tax of $900 be prorated? (Note: the day of closing belongs to the buyer.)

2. How would the hazard insurance premium be prorated?

3. How would the water and sewer charges be prorated?

4. How will the mortgage assumption be entered?