Ann Nielson is closing on her purchase of a townhome. Her annual property taxes are 3,600. The taxes are due on April 30th of each year. Ann is closing on July 15th. Her first full payment on her mortgage will be on September 1st. What is the maximum amount that Ann can be required to pay into escrow for the taxes?
A)600 or two months' taxes
B)600 or two months' taxes plus two months or 1,200
C)1,800
D)3,600
Question 2
Rob and Cher Morgan own a single-story home in a subdivision in Chevy Chase, Maryland. Their neighbors who live behind them have nearly completed a renovation and remodeling project of their home whereby they will be adding a second story and attic space. The result is that the Morgans' backyard is under shade most of the day. Also, the Morgans feel their privacy is breached because, from the second story, all of the Morgans' backyard and windows are visible.
A) The Morgans have a right to light and could obtain an injunction against the second story.
B) The construction and renovation are a trespass to the Morgans' light.
C) Absent any state statute, the Morgans have no rights to stop the renovation and remodeling.
D) The neighbors' renovation is a nuisance for its interference with the Morgans' use and enjoyment of their property.
Annual Federal Deficit (or Surplus), 1992–2016
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