To apply the results of a rent charge review

The procedure to apply the results of a rent charge review is as follows:

1. Navigate to Quick Menu > Rents > Configuration > Rent Review. The Rent Review window is displayed.
2. Expand a rent charge review status heading from the alphabetical list and select an associated cycle or type the description directly into the Search Rent Review field. By default the list is filtered to show Open rent review cycles. An alternative filter can be applied using the Select view drop-down field:  In Progress, Selection Complete, Applied, Part Applied, Notifications Generated, Cancelled or All 1.
3. Click on Finalise. The Finalise tab is activated.
4. Using the Model drop-down field, select the desired model from which the proposed rent charge values will be finalised i.e. applied live to the agreements 2.
5. Click on Apply Review. The end user is asked to affirm the operation before all affected rent charges are updated with the new values. The review cycle status is set to Applied.

Note

1 The Search Rent Review field will match against any component of the cycle description.

2 Only rent review models with a status of Calculated are available for selection.

See related topics...

Rents charge review management overview

To calculate element charges using a rent review model

To create a new charge element review model