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What is a Pro Rated Real Estate Bill?

Pro rated Real Estate
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What is a Pro Rated Real Estate Bill?

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Pro rated real estate bills may pertain to new construction and the time period, of when you received your certificate of occupancy or date of use, whichever came first or if there was a reduction of an elderly benefit. This bill goes directly to the homeowner. If you are escrowing your taxes through your mortgage bank, please forward this bill to them.

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