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TRID: Prorating taxes

Answered by:

BOL Learning Connect

Question:

What about prorated taxes for the amount the borrower owes the seller through the end of the month?

Answer:

Answer: Amounts for prorated taxes due from the borrower are shown in Sections K and M on page 3 of the Closing Disclosure.

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First published on 06/18/2017

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Filed under compliance as:

Compliance/Compliance Management

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