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Multi-Family and Apartment Investing

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Chase Gochnauer
  • Investor
  • Des Moines, IA
201
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380
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Multifamily Rent Proration For unpaid tenants

Chase Gochnauer
  • Investor
  • Des Moines, IA
Posted Jan 15 2018, 14:56

How have others handled rent proration for tenants that have not paid at the time of closing. Example, if closing Jan 15th, and 5 tenants have not yet paid Jan rent and one or two have not paid part of Dec and Jan, how is that typically handled at closing? The contract is not detailed in regards to this.

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