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2015-02-17
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2019-09-25
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2019-03-12
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2021-11-05
I really like the service a lot. It is user friendly and intuitive. I like that this also comes with Sign Now so that I can have all the forms I need for my business easy and accessible for me to get electronically signed.
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I use this all the time in my business and I would recommend it.
2020-10-18
Index Spreadsheet Lease Feature
The Index Spreadsheet Lease feature simplifies how you manage your leasing information. With this tool, you can effortlessly track, organize, and analyze your leases in a structured manner. You no longer have to deal with tedious paperwork or disorganized data. This feature enhances your efficiency and helps you make informed decisions.
Key Features
User-friendly interface for easy navigation
Customizable templates for different lease types
Real-time data updates to keep your information current
Automated reminders for lease renewal and expiration dates
Integrated reporting tools to analyze lease trends
Potential Use Cases and Benefits
Businesses managing multiple leases across different locations
Property managers overseeing various rental agreements
Accountants needing to track lease liabilities for financial reporting
Organizations looking to streamline their lease management process
Companies aiming to reduce lease-related risks and costs
This feature can resolve your challenges with lease management by providing a centralized location for all your lease data. It reduces the risk of missing important dates and ensures you have access to up-to-date information, leading to better financial decisions. By utilizing the Index Spreadsheet Lease feature, you enhance your operational efficiency and gain peace of mind.
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What is the shelter index?
0.3. Source: Statistics Canada, as calculated by the Consumer Prices Division for the CPI basket update based on the Survey of Household Spending (SHS) 2015. The shelter index is a weighted average of sub-indexes representing price changes associated with shelter-related expenditure categories.
How do you calculate net effective rent?
Here's the simple formula for Net Effective Rent: It is the annual cost of rent minus the concessions divided by the number of months of the lease. It sounds more confusing than it is. Check this out The thing is, that landlord can advertise this ($2,400) apartment as a $2,200 apartment it's the net effective rent.
Is housing included in CPI?
Rents are included in the CPI, because they are expenditures that are “consumed” in current period of time. But house prices are not, because they are expenditures on an asset to be consumed over many years. If you own a house, you will benefit from the rising prices--if and when you sell it.
What is net effective rent mean?
Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate.
What does net rent mean?
Net rent is the total rent paid by a tenant to a landowner less the amounts paid by the landowner for land taxes or any maintenance expenses incurred solely as a consequence of owning the land (by convention, such taxes or expenses are treated as payable by the tenant who is deemed to deduct them from the rent that he ...
What is the difference between gross rent and net rent?
Gross rent is the total rent amount(s) paid. Net rent is that amount less any or all of the expenses required to operate the property. It can also mean the rent paid after concessions or discounts are applied. ... But in order to induce the tenant to sign the lease, the landlord offered one free month of rent.
What does price to rent mean?
The price-to-rent ratio measures the relative affordability of renting and buying in a given housing market. ... As a general rule, a lower price-to-rent ratio indicates that a place is more favorable to homebuyers. A higher ratio indicates a better environment for renters.
How do you calculate rent?
Monthly rent payments: multiply by 12 and divide by 365 (e.g. ($867pm x 12) /365 = $28.50per day). Once you have the daily amount you can multiply by 365 (or 366 for a leap year) for an annual amount; divide by 12 for monthly rent. As demonstrated above there are many calculations used in relation to rent.
What is included in the CPI?
What goods and services are included in CPI? ... Food and Beverages (breakfast cereal, milk, coffee, chicken, wine, full service meals, snacks) Housing (rent of primary residence, owners' equivalent rent, fuel oil, bedroom furniture) Clothes (men's shirts and sweaters, women's dresses, jewelry)
What is rental CPI?
Created by the Bureau of Labor Statistics, CPI is a measure based on the cost of living. ... The government uses CPI to fairly increase the amounts of benefits it pays to certain people. In the real estate sector, landlords use CPI to increase rent in line with inflation.
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