Escrow & Title
In Indiana, property taxes are paid in arrears, which means at closing the seller typically:
AReceives a credit for prepaid taxes
BOwes the buyer a credit for the portion of the current year's taxes that have accrued but not yet been paid✓ Correct
CPays no taxes since they are the seller
DPays taxes only for the months after closing
Explanation
Indiana property taxes are paid in arrears. At closing, the seller credits the buyer for the portion of taxes that have accrued during the seller's ownership but have not yet been paid, so the buyer can pay them when due.
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