Quote:
Originally Posted by bobbydigital
I'm mid lease and transferring it to another person. Assume my payment is Jan 22, 2016 and he's assuming the lease Jan 10.
Are lease payments for the month that just passed or the coming month? This impacts the proration calculation and whether I pay him or he pays me.
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Well--it really all comes down to what the 2 of you agree on. If your payment is due on the 22nd, and he's assuming on the 10th, technically, he owes you for the 10th through the 22nd (if you pay in advance--vice/versa if you pay in arrears). But you both need to agree on all the details--and that's what the deal is.