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You will want to take a look through your closing package. Look for a form called the Compliance and Tax Pro-Ration agreement. Most title companies have a standard form they put in their package. Most of them done here in Florida sign where the parties agree to work it out if a higher tax bill comes in. It may be different in your area but the only way to know is to read through that form. It may be a possiblity the title company is right, or they might close a lot of loans with the seller and be trying to protect him from the extra money. It would be very bad business on their part but crazier things have happened.
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