Proration problems (assuming all problems based on 365-day year): 4. At Closing for a property, the Property Tax for the current year is to be prorated between the Seller and the Buyer. The Seller will have owned the property for 198 days. If the Property Tax bill is $36,500, how much $ will the Seller pay and how much $ will the Buyer pay?

Proration problems (assuming all problems based on 365 -dav year) : 4. At Closing for a property, the Property Tax for the current year is to be prorated between the Seller and the Buyer. The Seller will have owned the property for 198 days. If the Property Tax bill is $36,500, how much $ will the Seller pay and how much $ will the Buyer pay