1. Access RPZ settings on the property record The RPZ settings for the property are stored in the Marketing screen From the property: |  Image Removed Image Added |
2. No previous rent history | Info |
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When ticked, this will allow rent to be set on the tenancy screen with no restriction |
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3. In RPZ Set Yes when the property is in the RPZ
When rent history is available, this will automatically populate the Last Rent amount and Review Date fields below
Set No when the property is outside of the RPZ
Set Exempt if a property is within the RPZ but is exempt from a rent increase
If this setting is left blank, the property will be treated as being outside of the RPZ zone |
4. Start Date |
5. Last Rent p/w, p/m or p/a Where rent history is available within Reapit Agency Cloud, this will be automatically updated and will display the latest/last rent amount being charged, either when a tenancy on this property was marked as current, or when a renewal or extension was saved
When no rent history is available on the system but the previous rent amount is known, the last rent amount can be entered manually
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6. Review Date Where rent history is available within Reapit Agency Cloud, this will be automatically updated and will display the date the rent, at the amount stated in Last Rent on left, started being charged, either when a tenancy on this property was marked as current, or when a renewal or extension was saved
When no rent history is available on the system but the previous rent review date is known, the last rent review date can be entered manually
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On the Review Date, if the new rent amount was not increased, then the above fields will not get updated with a new date or rent amount; this will allow raising a new tenancy or extension for any date |
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7. Saving RPZ settings Providing all the above settings have been completed correctly, click Exit to close the Marketing screen
Click Save on the property record
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8. Setting the rent When setting the initial rent, or when adding an extension or renewal to an existing tenancy Enter the rent in the appropriate Rent field
i.e. on Tenancy Details or within the Renewal/extension screen, as relevant
To set the rent amount to the maximum allowed: Other scenarios are outlined in 8a
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| - It is not possible to increase rent within 12 months since the last review (where entered)  - When the In RPZ setting on the property is set to No or Exempt (via property Marketing), no increase is allowed until after 24 months since the start date of the last tenancy
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When the previous rent amount and review date has been added to the Marketing screen, when creating a new tenancy or adding an extension/renewal, when a rent increase can be applied, the rent will automatically be increased to the maximum amount - this can be changed before saving |
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9. When rent is set too high When setting the initial rent, or when adding an extension or renewal to an existing tenancy If the rent amount entered is too high: On clicking Save on the tenancy record, a message will be displayed
Click OK and alter the rent amount accordingly
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10. Saving the tenancy record When making a tenancy current or when adding an extension or renewal to an existing tenancy, on clicking Save on the tenancy record, if no message is displayed, this indicates that the rent amount is within RPZ guidelines |
