Tenancy - Bulk Rent Review

Modified on Mon, 04 Jul 2022 at 09:51 AM

Chintaro has various screens designed to assist you with completing rent reviews in bulk, and depending on how you calculate the rent will depend on which screen to use, and how to use it. For example:

If you calculate rent in Chintaro, please click this link to see how to complete Rent Reviews Start to Finish
If you are provided with the individual tenancies rent (& other) charges (EG New Zealand users), use the section below for Rent Review Screen
If you calculate rent based on which room the tenancy is in, or the property that the tenant is in, use the section below for Rent Review by Room Type

Rent Review Screen

If you have been provided with the amount your tenancies will be charged in rent and other charges and you would like to apply a future rent review, from the Home Screen, click Tenancies then Rent Review.

When the Rent Review screen opens, there may be some values entered in to the New Rent, New Additional Charges & New Market Rent columns. You are able to enter values in to any of these fields, and the values will be retained if you exit out of the screen.

Clicking Clear New Rents will delete all values in this screen and return to the default view. Only click Clear New Rents if you are beginning a Rent Review for the next Rent Review period.

*NOTE: If there is no change to the current charge of any column, leave it blank. If you enter $0.00, Chintaro will assume you want to remove the current charge and not charge for that transaction type.

Begin by entering the value of weekly rent the tenant will be charged in the New Rent column:

If your tenancy is charged for transaction types other than rent, enter the applicable values in the Additional Charges columns:

Enter the Market Rent in the New Market Rent column, if the market rent has changed:

The values in this screen will retain, so if you need to exit the screen before applying the rent review you can come back in and the amounts will have saved.

When you are ready to apply the rent review to the tenancy/tenancies, select the tenant(s) you want to apply the review for by ticking their Include box:

NOTE: If you have filtered the screen and you would like to select all tenancies, click the Select ALL box at the top of the screen.

Next, enter an Effective Date. This is the first date that the rent will be charged from:

Click Apply Rent Review to apply the Rent Review for the selected Tenants. Only those Tenants who have the Include box ticked and an effective date will have the Rent Review applied.

The Rent Review will be applied to the selected tenancies rent records. The old rent will be closed off as at the day before the new rent was applied:

Rent Review by Room Type

The Rent Review by Room Type screen is used when you want to apply a rent review to the room/property, rather than by calculating the rent for the tenancy in the room.

To apply a rent review to multiple rooms/properties, from the Home screen click Tenancies then click Rent Review by Room Type.

Begin by entering the value of weekly rent the room/property will be charged in the New Weekly Rent box:

If your room/property is charged for transaction types other than rent, enter the applicable values in the Additional Charges boxes:

Enter the Market Rent in the New Weekly Max Rent column, if the market rent has changed:

Enter the New Start Date as the first day the room/property will be charged the new amount(s):

Select the Room(s) you want to apply the Rent Review for by clicking the Include box. Only those Rooms with the Include box ticked will have the Rent Review applied to their Rent Record. If you have filtered the screen to show the rooms you want to apply the review for, you can click Select All to select all rooms/properties on the screen.

When you are ready to apply the rent review, click the Apply Rent Review box:

A pop up box will appear asking if you are sure you want to update the selected room rents. Click yes to confirm and the rent review will be applied to the selected rooms/properties.