Market Rents LTOL/GTOL

• Market Rents = Potential Rent that can be collected. Usually these are budgeted.
• Lease Rents = Rent amounts that are offered in a signed lease agreement.

Gain to Lease (GTOL) = Rent that is collected in excess of the Market Rent.

Example: Market Rent is $600.00

Lease Rent is   $700.00

$100.00 GTOL

Loss to Lease (LTOL) = Lease Rent that is collected below the Market Rent

Example: Market Rent is $600.00

Lease Rent is $500.00

$100.00 LTOL

• We do not want to see a huge GTOL/LTOL over $100.00. Reviewing the Transaction Summary by Unit Report will show you if a unit has a GTOL LTOL.

•  A GTOL/LTOL is created when Rent Charges are charged in the ledger. LTOL/GTOL will NOT reflect from a transaction that is setup in Scheduled Billing. 

• When adjusting rents in previous months can cause a GTOL/LTOL in the current fiscal month.

DO NOT REVERSE/EDIT RENTS OR PRORATED RENTS

(There are exceptions)

Submit a help desk ticket to [e-mail] for those exceptions.