Understanding ‘Rent in Advance’

Please ensure your rent is always paid in advance.

Some tenants & landlords  find this concept hard to understand, and some mistakenly believe that the first 2 weeks rent paid is held in trust for use at the end of tenancy, like a bond.

It is important to note the first 2 weeks rent paid is for your first 2 weeks of tenancy.

Rent in advance concept is simple to understand.

If you go into a shop and you select a can of drink from the fridge.

If you open the can, drink the contents and then walk to the counter to pay you would agree you might find the store owner not pleased with your actions !

The right thing is to pay for the can of drink first, then consume the contents after paying !

Paying rent in advance works exactly the same way. You purchase the time period in advance, and then consume the time period by dwelling in the property.

Once the time period is finished or consumed, you then pay for the next time period again before using it, by continuing in the lease and dwelling in the property.

This is the meaning of rent in advance.