LMR Increases

Table of contents

• Step 1 - Open the LMR Increases screen
• Step 2 - Select a building
• Step 3 - Select Action
• Step 4 - Select Letter to send (optional)
• Step 5 - Select date of interest calculation
  • Step 5b - LMR Cheque Date
• Step 6 - Modify tenant list (Optional)
• Step 7 - Override Building Defaults (Optional)
• Step 8 - Click Apply
• Step 9 - Close

Step 1 - Open the LMR Increases screen

• From the menu bar, select Tenant Management | Batch Functions | Rent Increases | LMR Increases.

Step 2 - Select a building

• From the drop-down list of buildings, select the building for which you would like to do the calculations.

Step 3 - Select Action

• From the drop down labeled 'LMR Action', select what you would like to do: issue a credit, issue a cheque, or increase the LMR.

Step 4 - Select Letter to send (optional)

• Click on the button labeled 'Change' to select a template to send to all tenants to inform them of the LMR interest calculation.

Step 5 - Select date of interest calculation

• From the field labeled 'Calculate Interest Until', type in the last date to which you would like to calculate interest.

Step 5b - LMR Cheque Date

• If you have selected to issue a cheque to the tenants, put the date of the cheque in the 'LMR Cheque Date' field.

Step 6 - Modify tenant list (Optional)

• Checking/unchecking the box to the left of a tenant will select/unselect that tenant, respectively.
• You may select or unselect all tenants at once by clicking on the Select All or Select None link at the bottom of the screen.

Step 7 - Override Building Defaults (Optional)

• Double-click a tenant to open tenant's Increase Information screen. You may change any of the settings there.

Step 8 - Click Apply

• When satisfied with all entries click Apply.

For each tenant selected, a copy of the letter generated is saved to the Correspondence list in the tenant's Other Information. See LMR interest for more details.

Step 9 - Close

• Click Close to close this screen.

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