What is a rent roll?

Get ready for the Commercial Property Management Exam. Use flashcards and multiple choice questions, each with hints and explanations. Prepare effectively!

A rent roll is fundamentally a report that provides a comprehensive overview of all the tenants occupying a property. It includes critical data such as the names of the tenants, the specifics of their lease agreements—including lease start and end dates—and the rental amounts they are obligated to pay.

This document serves several important functions in property management. It enables property managers and owners to keep track of occupancy rates, plan for future financial projections, and assess overall rental income. Understanding the details outlined in a rent roll is crucial for effective leasing management and for making informed financial decisions regarding the property.

On the other hand, maintenance task lists, financial audits, and historical tenant records serve different purposes. While they provide valuable insights into property management, they do not encapsulate the tenant and rent-related information that is specifically covered in a rent roll. This distinction is key to understanding the role and importance of a rent roll in commercial property management.

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