Prepaid Items

Concept of Prepaid Items in the context of Real Property

A short definition of Prepaid Items: Those expenses of property which are paid in advance and will usually be prorated upon sale, such as taxes, insurance, rent, etc.

Concept of Prepaid Items in the context of Real Property

A short definition of Prepaid Items: Those expenses of property which are paid in advance and will usually be prorated upon sale, such as taxes, insurance, rent, etc.