0
What else can I help you with?
What is the minimum notice to give a tenant for increasing the rent?
If the rent is due every week, then the landlord usually must give a week's notice before the next rent is due; if it's every month, then a month's notice is given before the next rent is due.
On a month to month lease how much time a tenant has to give before moving out?
One full rental period. So, if the rent is due on the first, the notice should be given by the last day of the month, to move at the end of the next month. If the rent is due on the 15th, notice by August 14 means move by September 14. If the rent isn't paid, that's a different notice, depending on the laws of the state.
What is rent abatement?
Rent abatement is reduction of the amount of rent due.
Is mortgage an example of annuities due?
No, mortgage payments are due in the beginning of the month like rent; however, the mortgage payment covers the previous month's interest and principle on the mortgage loan. Rent is an "annuity due" because it is paid in adavance to cover the next 30 days to follow.
Can a apartment complex collect past due rent if the apartment has been released?
Past due rent is past due rent, no matter how you look at it. It is money that is still due the landlord.
What is the payment name for the monthly amount due for rent?
The payment name for the monthly amount due for rent is called "rent payment."
How do you sublease your apartment before the next rent is due?
Finding a good tennet depends on the rental market. You do understand that even if you can sub lease (generally not allowed in most leases), your still responsible for the rent on your lease...your just now a landlord and have to collect what your due from YOUR tennent?
What is the journal entry of rent income?
rent due to landlord
Can a landlord harass you for rent when the rent isn't even due?
A landlord cannot legally harass you for rent if your rent is not in arrears.
You are a landlord your tenant has no lease Under what conditions can you ask them to move?
Just give them 30 days of notice before the next rent is due to move out.
Is landlord responsible for tenant meals if stove is broken?
No, but you may have the stove fixed if you follow the right procedures: you must give your landlord at least seven days' notice before the next rent is due, that you will fix the appliance and offset the cost from the rent.
What should be the journal entry for rent due but not paid?
Dr Rent Expense Cr Accrued Rent Expense (L) (Rent Due) then Dr Accrued Rent Expense (L) Cr Bank (When it is paid)
