A seller paid $1,200 in HOA fees at the beginning of the year. The buyer closed on the property and took possession on June 1st. Using the 360-day calendar, how much would the buyer owe the seller in prorated HOA fees? $200 $700 $600 $1.200

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A seller paid $1,200 in HOA fees at the beginning
of the year.
The buyer closed on the property and took
possession on June
1st.
Using the 360-day calendar, how much would
the buyer owe the seller in prorated HOA fees?
$200
$700
$600
$1.200
Transcribed Image Text:A seller paid $1,200 in HOA fees at the beginning of the year. The buyer closed on the property and took possession on June 1st. Using the 360-day calendar, how much would the buyer owe the seller in prorated HOA fees? $200 $700 $600 $1.200
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