Escrow & Title
An Idaho closing statement shows a 'debit to seller' for prorated taxes. This means the seller:
AWill receive more money at closing
BOwes the buyer for their share of property taxes accrued but not yet paid✓ Correct
CHas already paid all taxes in advance
DWill receive a tax refund after closing
Explanation
A debit to seller for prorated taxes means the seller owes the buyer for property taxes accrued during the seller's ownership period but not yet paid (paid in arrears). This reduces the seller's net proceeds.
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