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Residential Tenancies Act 1986

Tenancy agreements - Key money, bonds, and rents

31: Apportionment of rent

You could also call this:

“Explains how rent is calculated daily and divided up when a tenancy ends”

When you rent a place to live, the rent you pay adds up each day. This means that if your tenancy ends in the middle of a rental period, you only need to pay for the days you actually lived there.

If your tenancy ends, the landlord will work out how much rent you owe based on the number of days you stayed. You’ll need to pay any remaining rent right away. If you’ve paid too much rent in advance, you can get the extra money back right away.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM95069.

Topics:
Housing and property > Renting
Money and consumer rights > Consumer protection
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Part 2 Tenancy agreements
Key money, bonds, and rents

31Apportionment of rent

  1. The rent payable under a tenancy agreement shall accrue from day to day.

  2. Upon termination of the tenancy, the rent shall be apportioned accordingly, and the appropriate amount shall be payable or recoverable forthwith.

Compare
  • Residential Tenancies Act 1978–1981 s 40 (SA)