- prorating taxes
- A division of the burden of taxes upon real estate as between vendor and purchaser. Thompson v Crams, 294 Ill 270, 128 NE 508, 12 ALR 931.
Ballentine's law dictionary. Anderson, W.S.. 1998.
prorating taxes
Look at other dictionaries:
pro rate — To divide, share, or distribute proportionally; to assess or apportion pro rata. The act of adjusting, dividing or prorating property taxes, interest, insurance premiums, rental income, etc., between buyer and seller proportionately to time of… … Black's law dictionary
