Calculation of Rent. (a) The rent accrues from day to day. (b) The monthly payment is calculated as follows: monthly payment = weekly rent x 4.3482. (c) If the first or last rent payment is for a period of less than a full calendar month, the rent for the broken rent period is calculated on a daily basis as follows: daily rent = weekly rent x 0.1429.
Appears in 4 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
Calculation of Rent. (a) a. The rent Rent accrues from day to day.
(b) b. The monthly payment is calculated as follows: monthly payment Rent = weekly rent Rent x 4.3482.
(c) c. If the first or last rent Rent payment is for a period of less than a full calendar month, the rent Rent for the broken rent Rent period is calculated on a daily basis as follows: daily rent Rent = weekly rent Rent x 0.1429.
Appears in 2 contracts
Samples: Residential Tenancy Agreement, Residential Tenancy Agreement
