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 Rpd 41353 2013-2025

Rpd 41353 2013-2025 Form

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[Music] in this video i'm going to show you how to prorate taxes now there's a couple of things that we have to know before we start calculating any proration problem that might be on your real estate licensing exam so let's take a look at those prerequisites now the first thing we need to figure out is does the test question want us to calculate this proration problem based on a 360 30-day year or is it a 365 day year now a 360 or 30 day year simply means that they want calculations based on a 30-day month no matter how many days are actually in that month so january would have 30 days in february would have 30 days for calculation purposes a 365 day year means we're going to just simply take the number of days in those months and use them for our calculations so that's number one now by the way the test will always give you that information number two have the have the property taxes been paid in advance or in arrears again the the licensing ex

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