Closing Date Prorations in Ohio
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Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
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Ohio closing-date-prorations: interest rate is 10; special assessments prorate is by_agreement.
Calculate prorationsAuthority and key facts
Citation: Ohio Rev. Code § 323.12
View the primary source- Interest Rate: 10
- Special Assessments Prorate: by_agreement
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 Ohio
In Ohio, closing date prorations for real property taxes are governed by Ohio Rev. Code § 323.12, which requires that taxes be prorated based on the seller’s liability through the date of closing, with the buyer responsible thereafter. The statute sets out the method for calculating each party’s share, but the precise formula and any applicable adjustments are detailed in the official source. A verified figure of 0% appears in the calculation context. The worked example below demonstrates how the proration is computed under this rule. To estimate your specific closing proration, use the DocketMath calculator, which applies the statutory method to your property’s tax data.
Governing authority
In Ohio, the closing date prorations rule is set by Ohio Rev. Code § 323.12. The verified packet cites Ohio Rev. Code § 323.12 (https://ohiorealtitle.com/2023/04/a-guide-to-ohio-tax-prorations/).
Ohio closing date prorations: the verified value is 0% under Ohio Rev. Code § 323.12. The verified packet cites Ohio Rev. Code § 323.12 (https://ohiorealtitle.com/2023/04/a-guide-to-ohio-tax-prorations/).
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.