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Old 07-30-2018, 06:12 AM
 
2 posts, read 390 times
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Ok so this is what I'm going to ask my landlord, but they won't be in office for a couple days and I'm trying to plan accordingly. My lease is set to end August 16th, and my new lease begins the 17th. According to the contract I'll have a pro-rated half month on the 17th. Would that in turn mean on the 1st of August, I'd have half a month charge to the 16th? I tried to use my apartment website but it's been down for sometime. I think this does sound right but I need a second opinion. Thanks!
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Old 07-30-2018, 08:33 AM
 
Location: Washington Park, Denver
6,579 posts, read 5,869,839 times
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Yes. Prorated means you are going to divide up your monthly bill and only pay for the days you are there. If your rent was $31 a month and you were moving out on the 16th, you would only pay $16 that month.
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Old 07-30-2018, 09:08 AM
 
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Also, should of mentioned this, it's a lease renewal for the same unit. Does the same apply in this situation? Like I would pay the first proration and then again on the 17th since that's the renewal?
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Old 07-30-2018, 09:26 AM
 
Location: Washington Park, Denver
6,579 posts, read 5,869,839 times
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Quote:
Originally Posted by Vinnyt101 View Post
Also, should of mentioned this, it's a lease renewal for the same unit. Does the same apply in this situation? Like I would pay the first proration and then again on the 17th since that's the renewal?
Not sure I understand the question but here’s a stab at it:

Old rent was $31 per month so you are going to owe $16 on the old lease (16 days at $1 per day)
New rent is $62 per month so you are going to owe $30 on the new lease (15 days at $2 per day)

Total owed for the month is $46. Does that answer your question?
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