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 Connecticut

In Connecticut, closing date prorations for property taxes are governed by the rule that the seller is responsible for taxes due up to the day of closing, and the buyer is responsible from the closing date forward. This allocation is based on Conn. Gen. Stat. § 12-142, which sets a statutory tax rate of 0% for the calculation of the credit or charge between the parties. The statute outlines how the tax year is divided between seller and buyer using the closing date as the cutoff. Because the exact formula depends on the town’s mill rate and assessment, the official source at portal.ct.gov/drs/individuals/property-tax-credit provides the precise computation method. Use the calculator below to estimate prorations for your specific closing date and property details.

Governing authority

In Connecticut, the closing date prorations rule is set by Conn. Gen. Stat. § 12-142. The verified packet cites Conn. Gen. Stat. § 12-142 (https://portal.ct.gov/drs/individuals/property-tax-credit).

Connecticut closing date prorations: the verified value is 0% under Conn. Gen. Stat. § 12-142. The verified packet cites Conn. Gen. Stat. § 12-142 (https://portal.ct.gov/drs/individuals/property-tax-credit).

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.