Rent Change Rules

First.....Prev.....Next.....Last

The basic rules which must be met when entering rent changes are:-

Rent changes can not occur in the middle of a Rent Period.

The first rent record must have the same date as the start of tenancy date.

If the rent period is a week, say starting on a Tuesday, the next rent change must commence on the same day of the week, that is - a Tuesday.

If the rent period is a fortnight, say starting on a Wednesday, the next rent change must commence on the same day of the week, that is - a Wednesday, but must additionally fall on a two week anniversary.

If the rent period is a month, say starting on the 18 of the month,  the next rent change must commence on the same date, that is the 18 of the rent change month.

In the case of a daily rent period that must start according to the above rules but of course the following rent change can be on any day or date.

See Tenant Rent Change for more information and examples.