What Does ‘Prorated Rent’ Mean? What You Need To Know
Bay Property Management Group
JANUARY 19, 2025
Ideally, when someone rents out a home, they’d move in the following month. However, this doesn’t always happen in reality. Some people need to move in urgently, like in the middle of the month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.
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