by Hancock, McGill & Bleau | Jun 23, 2022 | Real Estate, Tax Prorations
A Texas Property Tax Primer The Texas real estate property tax system can be confusing and difficult to understand. What does the title company mean when they say things such as “Ad valorem taxes for the current year will be prorated”. If that sounds like Greek to...
by Hancock, McGill & Bleau | Jul 18, 2019 | Closing Services, Tax Prorations
Tax Prorations can be confusing if you are not a seasoned veteran of real estate closings. Most real estate contracts will contain a section dealing with tax prorations. In Texas most residential transaction use the Texas Real Estate Commission (“TREC”) contracts....