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Updated over 7 years ago,
Prorated Rent at time of purchase???
Hey Y'all!
My wife and I just bought a duplex, and inherited a tenant on one of the sides. My question is, since we closed on the 11th of August, and the rent had already been paid for the entire month, shouldn't we receive a prorated amount of that rent, after we took ownership? I'm struggling to find this answer. Thanks in advance!