If someone has a 12 month's lease and breaks it (i.e. moves out a couple of months before it is up, in May instead of August). Do you apply the last month's rent they gave to you (the landlord) initially to the last month they are in the house? Does it cover May's rent?
Someone told me that...
If someone's 12 month lease is up on July 30, and then they call us on April 20 that they are going to be out May 5, then are they just responsible for May's rent since they had until April 30 to give us notice for May 30? And then they broke the lease? Are they prorated for the 5 days in May?
First the background, we rented our house from Sept 2008 - Aug 2009 (12 month lease) for $1,100 a month. The renters renewed their lease, but asked for reduced rent. So we created a second 12 month lease from Sept 2009 - Aug 2010 for $1,000 a month. They paid first, last, and a deposit in Sept...