Rent Changes Overview
The Rent Changes API provides endpoints for managing rent adjustments and modifications throughout the lease term.
Key Concepts
Rent Change Management
Rent changes track modifications to rental amounts:
- Effective Dates: Start and end dates for the rent change period
- Rent Amount: New rental amount after the change
- Documentation: Notes explaining the reason for the change
- Lease Association: Connected to specific lease agreements
Rent Change Process
- Planning: Schedule future rent changes with effective dates
- Implementation: Apply rent changes at the appropriate time
- Historical Tracking: Maintain record of all rent adjustments
- Lease Integration: Coordinate with lease terms and renewals
Rent Change Relationships
- Leases: Rent changes are applied to specific lease agreements
- Properties: Changes occur within specific properties
- Households: Impact the households covered by the lease
- Financial Records: Connected to billing and payment systems
