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View Full Version : Prorated rent


rita33
Sep 8, 2007, 08:40 PM
I need to prorate a lease that starts tomorrow. The monthly amount is 1200. Please tell me this formula?

Thank you,
Rita

Fr_Chuck
Sep 8, 2007, 09:02 PM
Why, since normally there is no allowed reason to break a lease. And if you allow someone out or find a new tenant. But even then rental notices are from pay period to pay period, so I can't think of any reason to prorate a lease.

But if done, amount divided by number of days in the month equals total due a day times days living in unit.