Purchase by a Non-profit corporation

Any exemption for transfer tax imposed when a non profit corporation
purchases a property?

Also, how do you deal with the property taxes (exemption) both at
closing (prorations) and after closing (so they do not have to pay
them)?

Thanks for any input.

Craig H. Fox
Fox and Fox Attorneys at Law
706 One Montgomery Plaza
Airy and Swede Streets
Norristown, PA 19401
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www.foxandfoxlaw.com <BLOCKED::http://www.foxandfoxlaw.com/>

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Received on Fri Nov 10 2006 - 13:45:09 PST