Premium price for mid-month move-in

Rent it Right

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Q: I'm about to move into an apartment in the middle of the month. The first month's rent payment my landlord is asking for consists of the prorated rent for the current month, plus the entire month's rent for the next, first full month. Is this legal? --Drew W. A: It's probably legal for your landlord to specify a larger-than-normal rent for your first payment. The reason landlords tack the prorated rent onto the first full month's rent is their fear that a tenant who may be able to come up with half of the rent on moving in may not be able to come up with the full month's rent when it falls due on the regular due date.Unfortunately, these fears might come true if they fail to screen out tenants who do not have the income to pay the stated rent. Some unlucky landlords even end up renting to tenants who never intended to pay more than the small prorated rent. These scammers plan to follow the "possession is nine-tenths of the law" approach once they get in the do...