It’s property tax time again for CA …the first installment is due November 1st and delinquent after Dec. 10th. Second installment is due February 1st and late after April 10th. To make it really confusing, California’s fiscal year starts July 1st, so your first installment is for taxes that are primarily paid in arrears (July – December) and the second installment is for taxes paid in advance (January through June). When you close escrow, each party pays for the period of time that they own the house. So a seller might have already paid taxes and they are therefore credited and the buyer is charged. Just ask your professional Realtor (hopefully me!) or escrow if you have any questions.