You realize that tenant Jones moved out of the apartment on June 7, after paying a

Question

full month's rent on June 1 and giving a legal 30-day notice expiring on June 30.
Tenant Smith took possession of the same apartment on June 16. You know by law
that you can't charge rent on an apartment to two residents at the same time. The
rent on the apartment is $900. (Assume pro-rate rents are based upon a 30-day
month)
The manager collected all of June’s rent on June 1 from Jones. How much rent will
tenant Jones receive as a refund once tenant Smith moves in?

Answer 1

To determine how much rent tenant Jones is entitled to as a refund, we need to calculate the number of days he paid for, which he did not occupy the apartment, after moving out on June 7.

1. Total Rent for June: $900 for the month.

2. Daily Rent Calculation: \[ \text{Daily Rent} = \frac{\text{Total Rent}}{30} = \frac{900}{30} = 30 \]

3. Days Tenant Jones Occupied the Apartment:

   • Jones moved out on June 7.
   • Therefore, he occupied the apartment from June 1 to June 7, which is 7 days.

4. Days Tenant Jones Paid for but Did Not Occupy:

   • From June 8 to June 30, Jones paid for a total of 30 days in June, but occupied it only for 7 days.
   • Thus, he is entitled to a refund for the remaining 23 days.

5. Refund Calculation: \[ \text{Refund} = \text{Daily Rent} \times \text{Days Not Occupied} = 30 \times 23 = 690 \]

Therefore, tenant Jones will receive a refund of $690 once tenant Smith moves in.