Chapter 04 · Sale
Closing Prorations: Taxes, HOA, Utilities in Florida
How annual charges are split between seller and buyer at closing.
Direct answer · 60-second summary
The 60-second version
- Prorations = split annual charges
- Property taxes: through closing day
- HOA fees: through closing day
- Utilities: meter reading at closing
- Mortgage interest (if applicable)
- Insurance (sometimes)
- Calculation: days × (annual fee ÷ 365)
- Buyer credit, seller debit
Acronyms used in this guide
- HOA — Homeowners Association
- COA — Condominium Owners Association
- F.S. — Florida Statutes
- FAR/BAR — Florida Realtors / Florida Bar
Prorations: charge splitting
Prorations split annual charges between seller (through closing day) and buyer (after). Title company calculates.
Property taxes
Florida annual property taxes paid by seller through closing day inclusive. Buyer pays after. Calculation: (annual taxes ÷ 365) × seller days.
HOA/COA fees
If HOA/condo property: estoppel lists monthly fees. Seller pays fees through closing day. Buyer responsible after.
Utilities and services
Electric, water, gas, internet: meter read at closing. Seller pays through date. Buyer responsible after. Sometimes included in title company prorations.
Every figure, rate, threshold, and deadline in this guide is drawn from a verifiable primary source listed at the bottom of the page. The article is updated whenever the underlying rules change, with a fresh review date stamped at the top.
Sources and references
Disclaimer
This guide is for educational purpose only.
For concrete decisions, consult a licensed attorney.