Escrow & Title
In Tennessee, 'proration of rents' at closing means that the:
ALandlord pays the tenant's last month rent
BBuyer is credited for rent the tenant has prepaid beyond the closing date✓ Correct
CCommission is prorated between brokers
DProperty taxes are split between buyer and seller
Explanation
When a rental property closes mid-month and the tenant has prepaid rent, the buyer receives a credit for the portion of prepaid rent attributable to the period after closing — since the buyer will be the new landlord.
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