Month-End Transitions & Full-Month Parity
When prorating 28 days, occupancy spans nearly the entire calendar month. Important statutory guidelines apply:
- February Tenancy: 28 days in February constitutes 100% of the calendar month. In non-leap years, 28 days of rent equals the full monthly rent obligation.
- Cap at Monthly Rent: Under residential landlord-tenant regulations, prorated rent for an incomplete month cannot exceed the total agreed monthly rent.
Step-by-Step Calculation Example for 28 Days:
Assuming a monthly rent of $1,800.00 in a 30-day month:
- Divide monthly rent by total days:
$1,800 ÷ 30 = $60.00 per day - Multiply daily rate by occupied days:
$60.00 × 28 = $1,680.00
Total Prorated Rent: $1,680.00