What is livery paid monthly in advance?
 
 

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What is livery paid monthly in advance?

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        10-09-2012, 07:44 AM
      #1
    Foal
    What is livery paid monthly in advance?

    I recently moved to a new livery yard,
    The contract states 'the fee is to be paid monthly in advance'
    I paid September and October livery when I moved as I moved the horse mid sept. However recently I got an invoice for November livery to be paid on the 1st October?

    Is this right?
    I thought by paying a month in advance you would pay on the 1st or just before the 1st of that month for that month? I feel by paying Novembers livery on the 1st october that is paying 2 months in advance?

    Any help would be grateful
         
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        10-09-2012, 07:56 AM
      #2
    Trained
    It means payable on the first of the month for that month or sooner. If you're paying November, paying anytime between now and Nov 1 is okay.
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        10-09-2012, 08:18 AM
      #3
    Foal
    Oh right, I tried to explain this to my yard owner as he wanted payment by 1st October..
    But apparently they charge an extra month ahead so they're covered for one months exit.. but the contract states im to give one months notice if I wanted to leave anyway so I don't understand it..
         
        10-09-2012, 08:44 AM
      #4
    Trained
    Well many places do require prepayment of first and last months board, which would set you always with a months board that you've prepaid. Maybe he means that?
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        10-09-2012, 08:52 AM
      #5
    Foal
    Maybe, but I wasn't notified of this beforehand nor is it stated in the contract we signed..
    So I'm not sure where I stand.. to pay out a whole months full livery extra when I wasn't notified beforehand is quite a bit of money for me D: ..
         
        10-09-2012, 09:06 AM
      #6
    Showing
    Quote:
    Originally Posted by DancingArabian    
    Well many places do require prepayment of first and last months board, which would set you always with a months board that you've prepaid. Maybe he means that?
    Posted via Mobile Device
    That would be my assumption as well. The first payment of 2 months worth would have been current month and a deposit of sorts. Wouldn't change payment schedule and you would still be paying ahead. Many businesses do that type of pmt set up so if someone leaves early they are already paid for that time they will be out or time spent with an empty spot to fill.

    I do the same with new lesson students, then if I have a no show, they forget to bring payment once or have a tight week financially and would still like a lesson I've already been paid.
         

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