Real Estate Law
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I am not sure exactly what kind of tax you are speaking of. Please explain your concerns in more detail and I'll try to assist you.
Is the present buyer under the land contract responsible for paying the taxes? If so, and you simply deed the property to the buyer, he will be responsible for any and all taxes that have accrued. If you are responsible for real estate taxes, then you would pay so much of the prorated year up through the date of the deed.Typically, real estate taxes are pro-rated through the date of closing.
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