Bill Buyer is assuming the loan of Sam Seller. The taxes are being escrowed by the lender. The closing is March 1, 2009. Taxes for 2008 have not yet been paid. How will the taxes appear on the Worksheet?
A. The seller will be credited with the 2008 taxes since they are being escrowed.
B. The broker will show it as a debit to the seller and credit in the broker's column since the broker will pay the 2008 taxes at closing.
C. The buyer will be credited with the 2008 taxes.
D. The 2008 taxes will be prorated and the buyer will be credited and the seller debited.