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I have a tenant who is renewing their lease and their rent is increasing. What is the best way to handle this situation?

April 26, 2017best lease renewing rent tenant

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I have a tenant who is renewing their lease and their rent is increasing. What is the best way to handle this situation?

1 Answer

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Go to the Tenant Form and choose the tenant. Change their lease ending date in the Lease/Deposit folder. Now go to the Rent folder and put an end date on the current line in the Recurring Charges list. Choose the last day of the last period for the old charge. Then add a new line with the new recurring rent amount and put a start date in for when you want the charge to begin.