Escrow & Title
The prorations at a New Hampshire closing divide ongoing expenses such as property taxes between buyer and seller based on:
AThe buyer's loan amount
BThe number of days each party owns the property during the relevant period✓ Correct
CThe assessed value of the property
DThe seller's original purchase price
Explanation
Prorations allocate prepaid or accrued expenses — such as property taxes, HOA fees, or utilities — based on the number of days each party owns the property in the relevant period around the closing date.
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