A charge for leasing a unit. Rent charges are entered in the Tenant Profile and posted from the Scheduled Receivables function.
Market Rent is set up in the Unit Profile and is the amount of rent you would expect to get for the unit. It is used to report on the vacancy losses when there is no lease in effect. The actual rent amount charged to the tenant, set up in the Tenant Profile, may be different from the market rent.
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