Rent Rate Changes: Any custom rate changes dictated in the lease can be entered in Lease Maintenance. Custom rate maintenance allows the creation of an unlimited number of rate changes on a charge line, sets date ranges for them, designated the type of change, and tracks them indefinitely. Rate will automatically take effect on the specified start date.
Calculation types for rate changes include:
When calculating on a CPI, Add-on, or Versus basis, the min/max controls can be used to set minimum and maximum rent rate computations.