Rent roll is a document or spreadsheet that shows a breakdown of all the rental properties that a landlord owns. It displays how much rent each tenant is paying, when they signed the lease, and the terms of the lease. It can also include information about any vacancies, including how long they have been vacant, as well as other relevant details such as property address and unit size.
Landlords use rent roll to keep track of their properties, manage rental income, and forecast future revenue. They may also use rent roll as a tool to assess the performance of their properties and make informed decisions about investment opportunities or potential improvements to the properties.
Rent roll can be useful for tenants as well. It allows them to monitor changes in rent, understand their lease terms, and identify any discrepancies or errors in their rental charges.
Overall, rent roll is an important tool for landlords and tenants alike to manage their rental properties, lease agreements, and rental payments.
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