In other words, whatever entity you choose (LLC, LLP, C-Corp) will have an operating agreement spelling out how pro-rata profits are distributed.

I believe it's because many landlords want to passively extract money for communities and don’t want to contribute their pro-rata share towards advocating for the neighborhood.

I would NOT give 50% pro rata share of the project just because he goes out and gets a 50% LTV loan on the project.

-Would you recommend utilities be included in the cost of the lease, or each tenant is charged a pro-rata amount of utility actuals?

., etc.)5)Don’t even think of borrowing from more than one person, giving them a pro-rata share of the collateral on one note.

Equity is typically divided up pari passu basis or pro-rata share depending on how much cash is invested by each partner.Things to consider:  is the builder getting paid for his services?

@Kevin Phu, the typical method is by square footage where you take (Square Footage of Rented Space + Pro Rata Share of Common Space) / Total Space in House.

If they're not criminals and just made bad credit decisions, take the advance rent pro rata through 2016, charge a security deposit, collect the balance 1/1/2016 and roll with it.  

(b) A relationship between the landlord, tenant and utility or service provider in which: (A) The provider provides the utility or service to the landlord; (B) The landlord provides the utility or service directly to the tenant's space or to a common area available to the tenant as part of the tenancy; and (C) The landlord: (i) Includes the cost of the utility or service in the tenant's rent; or (ii) Bills the tenant for a utility or service charge separately from the rent in an amount determined by apportioning on a pro rata basis the provider's charge to the landlord as measured by a master meter.

We know or I think we know this should not be a long term affect .. but short term our work force tennants could see a disruption in their income and most dont have much if any savings.How will you handle that will you allow them to skip a month and then just add it to the remaining lease pro rata..