Prorating
With very few exceptions, I have never prorated. Either in or out. I started in this business, all those many years ago, with PS (I don't like to say there name), and we prorated in as they were a first of the month company. I hated it. Ever since, I have worked in anniversary date companies.
I have used the McDonalds school of management. That is, when you buy a burger, you buy the whole thing, you don't get to return the unused portion for a credit (prorate). I am willing to discount on a move-in when they return and rent again to offset the lossthey may feel they have suffered.
After having worked so hard to get the tenant's monry from them, I just am adverse to giving it back to them. We sign, and always have signed, month-to-month leases and stand by them.
Bob (astro)
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