March billing
The march-counting billing ( Latin pro rata temporis = time proportion) is a term from the Swiss legal system and represents a billing of all costs on a specific date. The term is used in particular when buying and selling real estate and is therefore a practical component of everyone Real estate purchase agreement.
With a march-counting billing, the costs incurred within a year are divided between buyer and seller according to the purchase or sale date of the property. When selling real estate, it is the date of the transition of benefit and risk. This applies in particular to costs that are only incurred once a year, such as property tax .
