In Texas when a Mobile Home is purchased and surrendered to the land as real property, the TDHCA requires the title company or lender to pay the taxes for the FOLLOWING year up front. The lender or title company then forwards these fund to the TDHCA in order to complete the process of ownership transfer and securing as real property.
How do you disclose this on the LE and CD? It is not a prepaid, not really a service. Would it go in section H? Should it be disclose on the LE? I am lost. PLEASE HELP!!