A prorated bill is where a resident only pays the percentage of the bill according to the amount of days their lease was active during the billing cycle. Bills are typically only prorated when someone moves in or out during the middle of a billing cycle. If a bill is not prorated, roommates divide the percentage evenly no matter how many days they were physically present in the unit.
What is a prorated bill?
Kimberly
Comments
Article is closed for comments.