When Is Rent Quarter Day?

They are traditionally regarded as the days for settling certain debts, such as rent. In England, Wales and Ireland they are traditionally: 25 March, 24 June, 29 September and 25 December, although local authorities tend to use 1 January, 1 April, 1 July and 1 October.

How often is quarterly rent?

Quarter Days Explained

Many leases provide for annual rent to be paid in four equal instalments "on the usual quarter days" and clients are often surprised to learn that these are 25th March, 24th June, 29th September and 25th December.

What does rent per quarter mean?

Quarterly Rent means, for any fiscal quarter, the Company's Annualized Rent divided by four. Save.

Sarah Jenkins

Sarah Jenkins

Senior Technology Editor & AI Specialist

Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.