Paid in arrears
See ‘In arrears’.
Frequently Asked Questions about “Paid in Arrears”
What does "Paid in Arrears" mean?
“Paid in arrears” means that a payment is made after the service period has ended. It contrasts with payments made in advance, where payment is made before the service is delivered.
Where can I learn more about "Paid in Arrears"?
You can refer to the glossary entry titled “In arrears” for more information and context about how and when this term is used in real estate and financial agreements.
What is an example of being paid in arrears?
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Is "Paid in Arrears" common in real estate transactions?
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