October 9, 2015

Homework Help: Real Estate Finance

Posted by tmouery on Monday, December 10, 2012 at 9:07am.

The sale of a four family building will be closed on July 15. The seller collected rent from unit A $600, B $550, C $650, and D $650 for July. How should the rent be pro-rated on the closing statement? Who will be credited and debited and for how much?

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