Escrow & Title
In a Florida closing, the 'prorated' items are typically:
AItems paid entirely by the buyer
BItems paid entirely by the seller
CItems where costs are divided between buyer and seller based on the closing date✓ Correct
DItems that both parties agree to split equally
Explanation
Proration divides ongoing costs (property taxes, HOA dues, prepaid rent) between buyer and seller based on the closing date. The seller pays for their ownership period, and the buyer pays for theirs. This ensures neither party pays for time they don't own the property.
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