Rebuttable Presumption
(proh rat-ah or proh ray-tah) from Latin for “in proportion,” referring to a share to be received or an amount to be paid based on the fractional share of ownership, responsibility or time used. examples: an heir who receives one-quarter of an estate may be responsible for one-quarter of the estate taxes as his/her pro rata share. a buyer of a rental property will pay his/her pro rata share of the property taxes for that portion of the year in which he/she holds title.
