Property Management

What is 'pro-rating' rent and how is it calculated for a Pennsylvania tenant who moves in mid-month?

APro-rating is not permitted under Pennsylvania law; full month's rent must be collected
BPro-rated rent is calculated as the daily rate (monthly rent / days in the month) × number of days of occupancy✓ Correct
CPro-rated rent is calculated as half the monthly rent regardless of the specific move-in date
DPro-rating is calculated based on the number of weekdays in the partial month

Explanation

Pro-rated rent is calculated based on actual days of occupancy: (Monthly rent / number of days in the month) × number of days of occupancy. For example, if a tenant moves into a Philadelphia apartment on the 15th of a 30-day month, pro-rated rent = (monthly rent / 30) × 16 days (the 15th through the 30th, inclusive).

Related Pennsylvania Property Management Questions

Practice More Pennsylvania Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Pennsylvania Quiz →