1. What is Rent Arrears?

Rent arrears refers to unpaid rent that a tenant owes to their landlord. It accumulates when rent payments are missed or paid late, calculated by multiplying the monthly rent by the number of months the payment is overdue.

2. How Does the Calculator Work?

The calculator uses the simple arrears formula:

Where:

• Monthly Rent — The agreed monthly rental amount
• Months Late — Number of months the rent remains unpaid

Explanation: The calculation provides the total amount owed by multiplying the monthly rent by the number of months payment is overdue.

3. Importance of Calculating Arrears

Details: Accurate arrears calculation is crucial for landlords to track unpaid rent, for tenants to understand their debt obligations, and for legal proceedings regarding rental disputes.

4. Using the Calculator

Tips: Enter the monthly rent amount in your local currency and the number of months the rent has been unpaid. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What if partial payments were made?
A: This calculator assumes no payments were made. For partial payments, subtract them from the calculated arrears.

Q2: Can late fees be included?
A: This calculates only the base rent owed. Late fees would need to be calculated separately according to your lease terms.

Q3: What's considered serious arrears?
A: This varies by jurisdiction, but typically 2+ months of unpaid rent is considered serious and may lead to eviction proceedings.

Q4: How can arrears be recovered?
A: Through payment plans, deductions from deposits, or legal action depending on the amount and local laws.

Q5: Does this account for rent increases?
A: No, it uses a constant monthly rent. For variable rents, calculate each period separately and sum the amounts.