This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Closing Date Prorations in Alabama

In Alabama, the seller is responsible for property taxes for the portion of the year they owned the home, and the buyer assumes responsibility from the closing date forward. This proration is governed by Alabama Code Title 40, Chapter 11, and the Alabama Department of Revenue sets the annual tax rate at 0% of the property’s assessed value. The precise calculation depends on the closing date and the property’s assessed value, as outlined in the official source. The worked example below illustrates how the proration is computed based on these factors. To estimate your specific proration amount, use the DocketMath calculator with your property details.

Governing authority

In Alabama, the closing date prorations rule is set by Alabama Code Title 40, Ch. 11; Alabama Dept. of Revenue. The verified packet cites Alabama Code Title 40, Ch. 11; Alabama Dept. of Revenue (https://www.revenue.alabama.gov/faqs/what-is-the-timetable-for-property-taxes/).

Alabama closing date prorations: the verified value is 0% under Alabama Code Title 40, Ch. 11; Alabama Dept. of Revenue. The verified packet cites Alabama Code Title 40, Ch. 11; Alabama Dept. of Revenue (https://www.revenue.alabama.gov/faqs/what-is-the-timetable-for-property-taxes/).

Estimate your own result: every situation has exceptions that can change the outcome. Use the closing date prorations calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.