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