To provide your tenants with optimal transparency, you can display the following information on rental leases:
The Maximum Rental Rate that could be charged during the first year, not just the initial monthly rent.
Duration of Promotional or Discounted Rates
Setting Maximum Rental Rate
You can set the Maximum Rental Rate at the unit level. The default rent is $0.00 until you specify a value. You can update the Maximum Rent when you Add or Modify Units. Please note, you must have Modify Units permissions to edit this amount.
The Maximum Rental Rate field is displayed below for new units. For more information, please refer to our help article How Do I Add or Delete Units?
The Maximum Rental Rate field is displayed below for existing units. You can edit the Maximum Rent Rate for single or multiple units. For more information, please refer to our help article How Do I Modify Units?
The Maximum Rent Rate applies only to monthly tenants and is for display purposes only; the system does not prevent you from raising your tenant's rate above this amount.
The Maximum Rental Rate is also displayed on the Move-In screen. For more information, please refer to our help article How Do I Move a Tenant In?
Displaying the Maximum Rental Rate on your Lease
You can display the Maximum Rental Rate on your lease by using the keyword <Tenant.LeaseMaxRentalRate>.
The <Tenant.LeaseMaxRentalRate> keyword automatically pulls the amount specified at the Unit level.
An example lease is shown below with the Maximum Rental Rate at $300.00. Please note, the Maximum Rental Rate established in SiteLink will also appear on leases generated within myHub. For more information on updating your lease, please refer to our help article, How Do I Create or Edit a Form?
Displaying the Duration of Promotional or Discounted Rates
When you create or edit a form (including leases), you can use keywords in SiteLink to display this information.
Promotional and discount keywords include:
<Tenant.DiscountPlanAtMoveIn>
<Tenant.NonExpiringDiscountPlanDesc>
These keywords will display the description of your discount plan. When creating new discount plans, make sure the plan name includes the total duration of the discount or promotion. For more information, please refer to our help article How Do I Create a Discount Plan?
Additionally, you can also insert the <Tenant.LeaseChargesTable> keyword on your tenant’s lease to provide a list of all charges applied during move-in, plus any discounts or promotions.
An example lease is shown below, including the duration of the discounted/promotional rates. For more information on how to enter promotional or discount rate information on your tenant’s lease, please refer to our help article How Do I Create or Edit a Form?
To display the discount plan expiration date, you can use the <Tenant.DiscountPlanAtMoveInExpirationDate> keyword. For more information, please refer to our help article How Do I Create or Edit a Form?
Example entry of this keyword in the lease agreement form:
How the discount appears for your tenant: