I have moved into a new place and I am a bit stumped by the way the landlady is working out the rent.
The place is €500 per month.
She wanted paying weekly at €125 per week. €500 per month works out at €115 does it not?
So I paid my first rent the other day ( after deposit and month ahead had passed) I paid her the €500 in one go. She has marked next rent day down as 4 weeks away, and then every 4 weeks after that. I am sure this is not right to pay a months rent every 4 weeks. This means in a year I pay 13 rents instead of 12. This cannot be correct can it?
I work out my rent on €500 x 12 months / 52 weeks= €115
Every 4 weeks works out as 52 weeks / 4 = 13 monthly payments of €500
I am sure she is in the wrong here but I needed to run it passed you guys in case I am being a complete doo-doo and have missed something stupid!
Thanks for your help