Legal Question in Real Estate Law in Virginia

rental lease

when a % per annum is listed on a rental lease what formula is used to calculate that per day?


Asked on 3/10/08, 4:50 pm

1 Answer from Attorneys

Michael Hendrickson Law Office Michael E. Hendrickson

Re: rental lease

Whichever formula the landlord wishes to use(that is accorded at least some legitimacy for this purpose within local accounting circles), to enhance his bottom line return.

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Answered on 3/10/08, 11:26 pm


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