Prorating Rent

[Martin Zawarski]

when a new tenant signs a lease for the upcoming month, and pays all fees and rents,how many days will you give him to move into the unit without charging him a prorated rent. If the unit is done and clean and ready for occupancy I let them move into unit one week early without paying a prorated rent. Any more than that and I charge a prorated rent. At least the utilities are in someone else's name during this hard winter.

Does your policy change depending on if your investment is a single or in a multi unit complex?

[Marcia Maynard]

@Account Closed The date of tenancy begins after the lease agreement is signed, move-in monies (rent, deposit, etc) are paid, and keys are given to the tenant. If I give a move-in concession of a few days free rent it doesn't mean I allow them to move-in before the date stated on the lease agreement, it only means I will not charge them for the few days. The lease agreement will always show the official date when the tenant gained possession.