Asked by Anonymous
Is there any regulations/guidelines on the calculation of lease term in tenancy agreement?
For example, 29 Oct 2021 to 28 Feb 2022. Should this be reflected as 4 months (based on billing cycle starting 29th to following month 28th) or 4 months 3 days (based on 29th to 31st Oct which is 3 days and then Nov 21 to Feb 22 for 4 full months)
So should rental be charged for 4 months or 4 month 3 days. Is there a legally correct method or based on what is stated on the tenancy agreement either way can be correct?
For example, 29 Oct 2021 to 28 Feb 2022. Should this be reflected as 4 months (based on billing cycle starting 29th to following month 28th) or 4 months 3 days (based on 29th to 31st Oct which is 3 days and then Nov 21 to Feb 22 for 4 full months)
So should rental be charged for 4 months or 4 month 3 days. Is there a legally correct method or based on what is stated on the tenancy agreement either way can be correct?
37 views