Adding a rental increase/decrease
You can watch our detailed video tutorial below or dive into the step-by-step guide.
Video Tutorial
Step 1
On the property, click the Lease tab and then Adjust Rent
Step 2
Enter the rental amount, effective from date & reason for change. Once entered, click Save
The Adjust Rent function is used to issue rent increases or reduce rental amounts.
Remember, you cannot change the rent mid-cycle. If you need to do that, terminate the lease and start a new one from the change date at the new rate.
Viewing a rental increase/decrease
Step 1
To view a past/future rental increase, please click on the lease tab and view the Rental Adjustment History.
Any past increases/decreases that have taken effect will show a green tick β
Any future increases/decreases that have not taken effect will have a red cross β
Deleting a future a rental increase/decrease
Step 1
To delete a past/future rental increase, please click on the lease tab and view the Rental Adjustment History.
Step 2
Click the cross icon next to the future rental adjustment and confirm your action.
This will delete your rental increase entered.
Please note, that only future rental increases can be deleted.