Real Estate Tax Escrow Regulations: Calculations
Where can I read the real estate tax escrow regulations and how it directs us to calculate a customer's taxes. For instance, do I take the most recent installment of taxes times two? Do I take the previous calendar year's taxes or do I take the two most recent installments added together? I'm in a county where the installments are not equal amounts. More specifically, I need to know what the regulations state.
First published on 07/25/2011