Also known as adjustment. The division of responsibility for certain costs between the parties to a transaction, such as realty taxes. In many U. S. Jurisdictions, the vendor is responsible for the day of closing and all days prior to it.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). apportionment. Retrieved September 22, 2026, from http://smartdefine.org/apportionment/definitions/1147734 |
| Chicago | Barry Goldsmith. 2010. "apportionment" http://smartdefine.org/apportionment/definitions/1147734 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, apportionment, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/apportionment/definitions/1147734>. |
| MLA | Barry Goldsmith. "apportionment" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/apportionment/definitions/1147734> |