We follow a pro-rata system, meaning rent payments are calculated based on move-in and move-out dates. Here’s how it works:
1. How Pro-Rata Rent Works
Moving In Partway Through the Month → If you move in after the 1st, you only pay rent for the days from your move-in date until the end of the month.
Formula: Pro-Rata Rent = ( Monthly Rent / Total Days in Month )× Number of Days Stayed
Moving Out Mid-Month → You must pay rent for the full 2-month notice period. If you leave earlier, you will only receive a partial refund if a new housemate moves in before your notice period ends.
2. Key Rules for Pro-Rata Rent
Two-Month Notice Rule → Even if you move out earlier, you must pay rent for the full notice period.
Finding a Replacement → If a new housemate moves in before your notice period ends, they will pay pro-rata rent for the days they stay, and you may receive a partial refund for the remaining days of your notice period.
New Tenant Payments → When a new housemate moves in, they must pay the following, before a refund can get enitiated:
Deposit (2 months of rent)
Onboarding Fee (€300)
Pro-Rata Rent for the days they move in
⚠️ Payment Deadline → All payments must be made before the 1st of the month.