36 §558. Taxes prorated between seller and purchaser
Title 36: TAXATION
Part 2: PROPERTY TAXES
Chapter 105: CITIES AND TOWNS
Subchapter 2: REAL PROPERTY TAXES
§558. Taxes prorated between seller and purchaser
A purchaser of real estate may agree with the previous owner or party to whom the real estate was formerly taxed to pay the pro rata or proportional share of taxes. Unless otherwise specified by the parties to the agreement, the taxes shall be prorated over the period of the fiscal year of the municipality in which the land is located. [1981, c. 23, (RPR).]
SECTION HISTORY
1981, c. 23, (RPR).