What amount will the buyer owe the seller at closing

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Reference no: EM133432615

Question: The annual maintenance fee of $2,220 was paid for the current year in advance on January 10 by the seller. Ownership will transfer at a closing on May 18. Using a calendar year (no-leap) with the proration being calculated through the day of closing, what amount will the buyer owe the seller at closing?

Reference no: EM133432615

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