For rent calculation purposes, each month is treated as if it has 30 days. This makes accounting much easier and it makes it simple to determine a daily rental rate.
But when it comes to moving in during months that have more than 30 days (January, March, May, July, August, October, December) or February, which has fewer than 30 days, it can get confusing. Here are a couple of scenarios to explain things.
Scenario One: The 31 Day Month
If you move in on the first day of a 31 day month, you will only pay 30 days' rent. If you move in on the second day of a 31 day month, you will only pay 29 days' rent. It keeps going like this until you get to the end of the month...
If you move in on the 29th, you pay 2 days' rent.
If you move in on the 29th, you pay 2 days' rent.
If you move in on the 30th, you pay 1 day's rent.
If you move in on the 31st, you pay 1 day's rent.
We bill for at least one day for the month no matter what.
Scenario Two: February
In this scenario, things work in the opposite direction. Even though February only has 28 or 29 days, the month is still treated as if it has 30 days.
If you move in on February 1, you pay 30 days' rent.
If you move in on February 16, you pay 15 days' rent.
If you move in on February 28, you pay 3 days' rent.
If you move in on February 29, you pay 2 days' rent.
If you move in on February 29, you pay 2 days' rent.
The February rent might seem a little unfair. However, if you do the math...
30 days/month x 12 months = 360 days/year
So in reality if you live with us for one year you get up to 5 days without rent!
