|
|
Re: Rent--once/mo or twice a month--legal?
by Franklin (TN)
on August 23, 2012 @09:00
|
Are you an possibly uninformed? The OP specifically stated the renter would pay on the 1st and 15th. Not every 2 weeks. So he'd pay twice a month, not every 2 weeks. Big difference. Let me put it in terms you can understand since reading comprehension isn't your strong point.
$600 x 12 months = $7,200.00 $300 x 24 (12 months x 2 times a month = 24) = $7,200.00
This old mortgage trick isn't going to work here, sparky. This only works if you truly get paid once every 2 weeks as well. A lot of businesses pay on the 1st and 15th and divide your annual salary by 24.
|
[
Reply
]
[
Return to forum
]
|
|
|
Look-up
Associations
Attorneys
Businesses
Rentals Available
Rentals Wanted
Realty Brokers
Landlord Articles
Tips & Advice
Tenant Histories
Other Areas
Q&A Forum
Free Forms
Essential Forms
Landlord Tenant Law
Join Now
Credit Reports
About Us
Site Help
|