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Goes To Options

How a user can select what a Rent Roll will do upon expiration. A Rent Roll can do one of three options:

Options​

Renew​

When it is known that a tenant will renew when their current lease expires. This will override the renewal probability to 100% for whichever Market Leasing Profile the Rent Roll is assigned to.

Market​

When it is unknown what a tenant will do when they expire. This will use the renewal probability

Vacate​

When it is known that a tenant will vacate when their current lease expires. This will override the renewal probability to 0% for whichever Market Leasing Profile the Rent Roll is assigned to.

Multiple​

Multiple is only allowed for Rent Roll

Multiple lease turnovers can be set under the 'Upon Expiration' section. By setting the custom lease turnovers, users can easily see which lease term will be triggered at the end of each lease term.