Prorate Type = Actual Days in Month
A resident is charged a prorated amount if they move out of a unit on any day other than the first day of the month. eSite figures that charge based on policy settings and prorate types using the move-out date as the first date to begin the prorated billing (prorate start date = move-out date).
Refer to the following descriptions to learn more about how prorate types and frequencies are used to calculate prorated move-out charges.
Prorate Type = Actual Days in Month
Frequency = Monthly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count Actual Calendar Days in Months)
Prorate Amount
Prorate Amount = Occupied Days X (Lease Charge/Actual Calendar Days in Billing Period containing the Last Bill Date)
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 09/01/2003, Frequency: Monthly
End Prorate Date: 08/06/2003
Last Bill Date: 08/01/2003
Occupied Days: 6
Occupied Days: 6
Lease Charge: $500.00
Actual calendar days in billing period containing Last Bill Date: 31
Prorate Amount: $96.77
Frequency = Annual
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X (Lease Charge/Actual Calendar Days in Billing Period containing the Last Bill Date)
Move Out Date: 08/06/2003, Lease Charge $500.00, FFP: 01/01/2004, Frequency: Annual
End Prorate Date: 08/06/2003
Last Bill Date: 01/01/2003
Occupied Days: 218 (31+28+31+30+31+6)
Occupied Days: 218
Lease Charge: $500.00
Actual calendar days in year: 365
Prorate Amount: $298.63
Frequency = Semi-Annual
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Actual calendar days in billing period containing the last bill date.
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 01/01/2004, Frequency: Semi-Annual
|
Period 1 |
Period 2 |
|
Jan 31 |
Jul 31 |
|
Feb 28 |
Aug 31 |
|
Mar 31 |
Sep 30 |
|
Apr 30 |
Oct 31 |
|
May 31 |
Nov 30 |
|
Jun 30 |
Dec 31 |
|
Total 181 |
Total 184 |
End Prorate Date: 08/06/2003
Last Bill Date: 07/01/2003
Occupied Days: 37 (31+6)
Occupied Days: 37
Lease Charges: $500.00
Actual Calendar Days in Semi-Annual Period: 184
Prorate Amount: $100.54
Frequency = Quarterly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Actual calendar days in billing period containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 10/01/2003, Frequency: Quarterly
|
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
|
Jan 31 |
Apr 30 |
Jul 31 |
Oct 31 |
|
Feb 28 |
May 31 |
Aug 31 |
Nov 30 |
|
Mar 31 |
Jun 30 |
Sep 30 |
Dec 31 |
|
Total 90 |
Total 91 |
Total 92 |
Total 92 |
End Prorate Date: 08/06/2003
Last Bill Date: 07/01/2003
Occupied Days: 37 (31 + 6)
Occupied Days: 37
Lease Charge: $500.00
Actual calendar days in quarter: 92
Prorate Amount: $201.09
Frequency = Weekly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Actual Calendar Days in billing period containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 08/10/2003, Frequency: Weekly
End Prorate Date: 08/06/2003
Last Bill Date: 08/02/2003
Occupied Days: 4
Occupied Days: 4
Lease Charges: $500.00
Actual Calendar Days in Week: 7
Prorate Amount: $285.71
Frequency = Daily
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Actual calendar days in billing period containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 08/07/2003, Frequency: Daily
End Prorate Date: 08/07/2003
Last Bill Date: 08/02/2003
Occupied Days: 1
Occupied Days: 1
Lease Charges: $500.00
Actual Calendar Days in Year: 1
Prorate Amount: $500.00
Frequency = Monthly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Annual Charge Amount
Annual Charge Amount = Lease Charge X # of times per year the charge is billed (12 X a monthly charge)
Prorate Amount
Prorate Amount = Occupied Days X Annual Charge Amount/Days in calendar year containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 09/01/2003, Frequency: Monthly
End Prorate Date: 08/06/2003
Last Bill Date: 08/01/2003
Occupied Days: 6
Lease Charge: $500.00
# times per year charge is billed: 12
Annual Charge Amount: $6000.00
Occupied Days: 6
Annual Charge Amount: $6000.00
Days in Calendar Year: 365
Prorate Amount: $98.63
Frequency = Annual
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Annual Charge Amount
Annual Charge Amount = Lease Charge X # of times per year the charge is billed (1 X a monthly charge)
Prorate Amount
Prorate Amount = Occupied Days X Annual Charge Amount/Days in calendar year containing Last Bill Date
Move Out Date: 08/06/2003, Lease Charge $500.00, FFP: 01/01/2004, Frequency: Annual
End Prorate Date: 08/06/2003
Last Bill Date: 01/01/2003
Occupied Days: 218 (31+28+31+30+31+30+31+6)
Lease Charge: $500.00
# times per year charge is billed: 1
Annual Charge Amount: $500.00
Occupied Days: 218
Annual Charge Amount: $500.00
Days in Calendar Year: 365
Prorate Amount: $298.63
Frequency = Semi-Annual
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Annual Charge Amount
Lease Charge X # of times per year charge is billed (2 X a monthly charge)
Prorate Amount
Prorate Amount = Occupied Days X Annual Charge Amount/Days in calendar year containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 01/01/2004, Frequency: Semi-Annual
End Prorate Date: 08/06/2003
Last Bill Date: 07/01/2003
Occupied Days: 37 (31 + 6)
Lease Charge: $500.00
# of times per year charge is billed: 2
Annual Charge Amount: $1000.00
Occupied Days: 37
Annual Charge Amount: $1000.00
Days in Calendar Year: 365
Prorate Amount: $101.37
Frequency = Quarterly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Annual Charge Amount
Lease Charge X # of times per year charge is billed (4 X a monthly charge)
Prorate Amount
Prorate Amount = Occupied Days X Annual Charge Amount/Days in calendar year containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 10/01/2003, Frequency: Quarterly
End Prorate Date: 08/06/2003
Last Bill Date: 07/01/2003
Occupied Days: 37 (31 + 6)
Lease Charge: $500.00
# of times per year charge is billed: 4
Annual Charge Amount: $2000.00
Occupied Days: 37
Annual Charge Amount: $2000.00
Days in Calendar Year: 365
Prorate Amount: $202.74
Frequency = Weekly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Annual Charge Amount
Annual Charge Amount = Lease Charges X # of times per year charge is billed (52 X a monthly charge)
Prorate Amount
Prorate Amount = Occupied Days X Annual Charge Amount/Days in calendar year containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 08/10/2003, Frequency: Weekly
End Prorate Date: 08/06/2003
Last Bill Date: 08/06/2003
Occupied Days: 4
Lease Charge: $500.00
# of times per year charge is billed: 52
Annual Charge Amount: $26000.00
Occupied Days: 4
Annual Charge Amount: $26000.00
Days in Calendar Year: 365
Prorate Amount: $284.93
Frequency = Daily
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Annual Charge Amount
Annual Charge Amount = Lease Charge X # of times per year charge is billed (365 X a monthly charge)
Prorate Amount
Prorate Amount = Occupied Days X Annual Charge Amount /Days in calendar year containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 08/07/2003, Frequency: Daily
End Prorate Date: 08/06/2003
Last Bill Date: 08/05/2003
Occupied Days: 1
Lease Charge: $500.00
# of times per year charge is billed: $365
Annual Charge Amount: $182500.00
Occupied Days: 1
Annual Charge Amount: $182500.00
Days in Calendar Year: 365
Prorate Amount: $500.00
Prorate Type = Standard (30 day month; same as
HUD)
Frequency = Monthly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charges/Days in billing period (consisting of 30 day months) containing Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 09/01/2003, Frequency: Monthly
End Prorate Date: 08/06/2003
Last Bill Date: 08/06/2003
Occupied Days: 6
Occupied Days: 6
Lease Charge: $500.00
30 Day Month: 30
Prorate Amount: $100.00
Frequency = Annual
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Days in billing period (consisting of 30 day months) containing Last Bill Date
Move Out Date: 08/06/2003, Lease Charge $500.00, FFP: 01/01/2004, Frequency: Annual
End Prorate Date: 01/01/2004
Last Bill Date: 08/06/2003
Occupied Days: 218 (31+28+31+30+31+30+31+6)
Occupied Days: 218
Lease Charge: $500.00
30 Day Months: 30
Prorate Amount: $302.78
Frequency = Semi-Annual
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Days in billing period (consisting of 30 day months) containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 01/01/2004, Frequency: Semi-Annual
|
Period 1 |
Period 2 |
|
Jan 30 |
Jul 30 |
|
Feb 30 |
Aug 30 |
|
Mar 30 |
Sep 30 |
|
Apr 30 |
Oct 30 |
|
May 30 |
Nov 30 |
|
Jun 30 |
Dec 30 |
|
Total 180 |
Total 180 |
End Prorate Date: 08/06/2003
Last Bill Date: 07/01/2003
Occupied Days: 37 (36 + 1)
Occupied Days: 37
Lease Charge: $500.00
30 Days in Each Month: 180
Prorate Amount: $102.78
Frequency = Quarterly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Days in billing period (consisting of 30 day months) containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 10/01/2003, Frequency: Quarterly
|
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
|
Jan 30 |
Apr 30 |
Jul 30 |
Oct 30 |
|
Feb 30 |
May 30 |
Aug 30 |
Nov 30 |
|
Mar 30 |
Jun 30 |
Sep 30 |
Dec 30 |
|
Total 90 |
Total 90 |
Total 90 |
Total 90 |
End Prorate Date: 08/06/2003
Last Bill Date: 07/01/2003
Occupied Days: 37 (31 + 6)
Occupied Days: 37
Lease Charge: $500.00
30 Days in Each Quarter: 90
Prorate Amount: $205.56
Frequency = Weekly
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Days in billing period (consisting of 30 day months) containing the Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 08/10/2003, Frequency: Weekly
End Prorate Date: 08/06/2003
Last Bill Date: 08/02/2003
Occupied Days: 4
Occupied Days: 4
Lease Charges: $500.00
Actual Calendar Days in Week: 7
Prorate Amount: $285.71
Frequency = Daily
Occupied Days
Occupied Days = End Prorate Date less Last Bill Date (count actual calendar days in months)
Prorate Amount
Prorate Amount = Occupied Days X Lease Charge/Days in billing period (consisting of 30 day months) containing Last Bill Date
Move Out Date: 08/06/2003, Lease Charge: $500.00, FFP: 08/07/2003, Frequency: Daily
End Prorate Date: 08/06/2003
Last Bill Date: 08/05/2003
Occupied Days: 1
Occupied Days: 1
Lease Charge: $500.00
Actual calendar days in year: 1
Prorate Amount: $500.00
See Also
Property Policies for Prorate Calculator
Prorate Types
Renewals Prorate Calculator Overview
Renewals Prorate Calculator Procedures
Renewals Prorate Calculator Tabs
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