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Are Florida Real Property taxes paid as of the date of closing?

April 26, 2017closing Florida paid property taxes

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Are Florida Real Property taxes paid as of the date of closing?

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Florida Real Property taxes are paid in arrears and normally they are prorated as of the date of closing. Usually a Tax Proration Agreement is used since we will not know what the exact tax amount will be until after the tax bill is issued around November 1 each year.