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. 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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