on April 30 I signed a rent lease for an apartment. The landlord said I had to pay the next months rent plus the last months rent. I thought he meant "the last month" as in the month when I move out.
My friend said I had to pay for the entire month of April for THIS year since I signed up in April even though it was on the last day. She said I still owe for the April when I move. I think that is cheap b/c the landlord said I could not move in until May 2.
2007-05-29 08:34:53 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Yea, you're friend is wrong. The landlord does have the right to charge pro-rated rent, which means, you could pay for that one day in august, but it's illegal to charge you for time that you'll not be allowed to live there. "Last Month's Rent" is a common thing. It'll be expected for you to inform the landlord at least one month ahead of when you expect to move out, and at that point, you'll not need to pay that final month's rent.
2007-05-29 08:46:16 · answer #1 · answered by locusfire 5 · 0⤊ 0⤋
If your move in date is May 2nd then your first month rent is for May not April in fact you should be pro rated for that day you are not living in the apartment (less rent by one day) Even tho you signed for Apr30 you do not pay the rent that month as you are not livng in the unit or take posetion of it as of May. The last months rent is condsidered security for the last month you will live in the apartment and pays for that month so no need to pay that months rent since it as already been paid.
One more note you are allowed to request and recive intrest on the last months rent once per year. Here in Ontario Canada that would be 6% a year on the last months rent.
I own an appartment building here so I am familiar with local rules and regulations. If you are in a diffrent area i would contact your local tenent and landlord tribunal and ask them the exact rules for your area but I am sure they will be similar.
2007-05-29 08:51:58 · answer #2 · answered by Sandy C 2 · 0⤊ 1⤋
Ugh. Your friend is wrong. The next month's rent is your first rent due, and the last month's rent is NOT April's rent, but is considered as additional security deposit for the time when you move out.
2007-05-29 08:39:04 · answer #3 · answered by acermill 7 · 1⤊ 0⤋
your friend is wrong, the only part of April that you should have paid for is the 30th itself on a prorated version (1/30th of the rent)
first and last month is a protection for the landlord in case you decide to stiff him on the last payment and leave
2007-05-29 08:45:08 · answer #4 · answered by JS 4 · 1⤊ 0⤋
i could say approximately appropriate... doesnt seem to step at questioning approximately that part of london! actually its appears like particularly much! I stay outisde London in Kent and have confidence me my out goings triple yours (1800+ a month), i could quite choose for to pay £420.00 a month all blanketed!
2016-10-06 06:35:17 · answer #5 · answered by ? 4 · 0⤊ 0⤋