Since the Seller Often Has Utilized the Property for a Portion

question 22

Multiple Choice

Since the seller often has utilized the property for a portion of the year in which the transaction is being made, certain costs associated with the property will be prorated at the closing. All of the following items are subject to being prorated EXCEPT:

• A) Broker commission
• B) Prepaid rent
• C) Property tax
• D) Mortgage interest