Calculate prorated rent for partial months, daily rates, and move-in/move-out adjustments.
Determine fair rent amounts for partial months by calculating daily rates and prorated amounts based on actual occupancy days. Essential for landlords and tenants during move-in/move-out periods.
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Tenant moving in on the 15th of the month with standard lease terms.
Monthly Rent: $1800
Move-in Date: March 15, 2024
Lease Start: March 1, 2024
Lease End: August 31, 2024
Two-month lease with move-in and move-out in different months.
Monthly Rent: $2200
Move-in Date: April 10, 2024
Move-out Date: June 20, 2024
Lease Start: April 1, 2024
Lease End: June 30, 2024
Tenant moving out on the 25th of the final month.
Monthly Rent: $1600
Move-in Date: January 1, 2024
Move-out Date: December 25, 2024
Lease Start: January 1, 2024
Lease End: December 31, 2024
Lease spanning February in a leap year with 29 days.
Monthly Rent: $1900
Move-in Date: February 15, 2024
Lease Start: February 1, 2024
Lease End: July 31, 2024