What happens to condo fees on move-out

When a condo unit's lease is ended - whether through Transfer Ownership or by editing the lease's end date directly - its condo fee schedule is automatically wound down and the last billing period is prorated to the actual move-out date. This applies the same way regardless of which of those two places you set the end date from.

The last period is genuinely reduced

If the current billing period hasn't been billed yet, the schedule is flagged to bill only the prorated (smaller) amount for the days the owner actually occupied the unit, and then stops.

If the current period has already been billed:

• If it's unpaid or only partially paid, the bill itself is reduced by the prorated amount - not just an internal accounting adjustment. The invoice total, the underlying charge, and the unit's outstanding balance all drop by the same amount, so what the owner actually owes reflects only the days they occupied the unit.
• If it's already fully paid, the owner is issued a credit for the overpaid amount instead of reducing an invoice that's already settled. That credit is usable against a future invoice.
• If the period was never actually invoiced (still in draft, voided, or written off), no adjustment is needed - there's no live bill to reduce.

The schedule deactivates

Once the move-out is processed, the condo fee's billing schedule is deactivated - it won't generate any further charges. This happens immediately, regardless of which of the reduction paths above applied.

The Next Charge tile updates

If that was the unit's only active fee schedule, the unit's Next Charge tile reverts to showing no amount and no date, confirming there's nothing further scheduled to bill.

Good to know

• Running the move-out proration twice for the same lease and end date never reduces the bill a second time - it's safe to retry.
• A unit whose condo fee is split across multiple billing accounts has each account's share reduced correctly, not just one of them.