Clearing the confusion of prorated rent
By Mark Delgado, Benicia and Vallejo, Property Management, rental h
(houses for rent, Solano County & Glen Cove)
I've found that prorated rental caclulations can confuse many otherwise very intelligent people. Confusion is never a good thing, so follow the easy step by step instructions below and you will be on your way to confidence. 1. Always figure on a 30 day month. In California, it is standard to calculate prorates based on a 30 day month. So, even if it's February with only 28 days or its August with 31 days, we will use 30 days as the basis for the prorate calculation. 2. Divide your montly rent by 30. If your monthly rent is $1,500 then dividing $1,500 by 30 works out to a daily rate of $50. 3. Figure out how many days in the partial month you will be living in the home. Say you are moving in on the 15th of June. You will have the home for 16 days that month. (30 - 14). Remember ...
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