The seller has not yet paid this year's property taxes, which are $2,400 for the period from July 1 to June 30. On January 16 the house is sold. How are the taxes adjusted at closing?

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The seller has not yet paid this year's property taxes, which are $2,400 for the period from July 1 to June 30. On January 16 the house is sold. How are the taxes adjusted at closing?






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