To determine how much rent tenant Jones should receive as a refund after tenant Smith moves out, we need to look at the timing of the move-out and the rent collected.
-
Tenant Jones paid $900 for the month of June on June 1st.
-
Jones moved out on June 7th but gave a legal 30-day notice, which means his tenancy ends on June 30th.
-
Tenant Smith took possession of the apartment on June 16th.
Since Jones legally provided notice to end his tenancy, he is responsible for paying rent through the notice period, which lasts until June 30th. However, since Smith moved in on June 16th, Jones will not be living in the apartment during that time, and rent will then be collected from Smith.
Calculation:
- Rent for June: $900
- Jones is entitled to the rent for June from June 1 to June 30, as he paid this before moving out.
- Since Smith occupied the apartment from June 16 onward, Jones has effectively "rented" the apartment for the first 15 days of June.
The rent period calculations are as follows:
- From June 1 to June 7: Jones occupies the apartment for 7 days.
- From June 7 to June 16: Jones is not occupying, and therefore, he is due a refund for the 8 days (June 8 to June 15) that he has effectively not occupied because Smith is living there after June 16.
Since the rent for the full month is $900, the daily rate is:
\[ \text{Daily Rent} = \frac{\text{Monthly Rent}}{30} = \frac{900}{30} = 30 \]
So, for the 8 days that Jones will not occupy the apartment due to Smith taking over:
\[ \text{Refund Amount} = 30 \times 8 = 240 \]
Conclusion:
Therefore, Jones will receive a refund of $240 once tenant Smith moves out.