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WHAT IS UNEARNED RENT?

April 26, 2017rent unearned

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10 Posted

WHAT IS UNEARNED RENT?

2 Answers

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10 Posted

Unearned rent occurs when the owner/agent receives funds from the HA when the tenant was not in the unit. The HA will deduct any unearned rents from any other active contracts an owner/agent has with the HA.

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Posted

Unearned rent occurs when the owner/agent receives funds from the HA that they were not entitled to (an overpayment). The HA may deduct any unearned rents from any other active contracts an owner/agent has with the HA.