CPI Increase Detail is used for leases that allow for a periodic rent adjustment based on changes in the published CPI value. Unlike the rebilling formats, this function adjusts a tenant’s monthly charge in order to recapture expense increases. This type of escalation generates billings only from the difference in the monthly charge if time has lapsed since the rent change was due.
Note
The Consumer Price Index is generally published 30 days after the reporting month. User access to individual Lease Changes tasks is determined by eSite user security permissions. For information about setting user permissions, refer to the System Help.
See Also
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