Description
Subtract a supplied tenant incentive credit from gross rent.
Property bookkeeping distinguishes scheduled and collected rent, concessions, assigned common area, fee bases and calendar boundaries. A decimal index change differs from a percentage-number input, and a rent-free period needs explicit start/end conventions. Supplied scenarios do not establish market value, lawful charges, possession or enforceable lease terms.
Subtract a supplied tenant incentive credit from gross rent.
When to use this tool
Use Lease Tenant Incentive Credit when you already have grossRent, suppliedIncentiveCredit and need to subtract a supplied tenant incentive credit from gross rent.
How to use the tool and how it works
- Enter grossRent, suppliedIncentiveCredit. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read netRentAfterCredit. Use the output convention below.
Require nonnegative grossRent/credit; return gross-credit without clamping.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| grossRent | Gross Rent | Required. Finite number; minimum 0. |
| suppliedIncentiveCredit | Supplied Incentive Credit | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| netRentAfterCredit | Net Rent After Credit | Required. Finite number. |
{
"input": {
"grossRent": 1000,
"suppliedIncentiveCredit": 150
},
"output": {
"netRentAfterCredit": 850
}
}Limitations and assumptions
- Negative net rent is retained; no lease, incentive eligibility, accounting treatment or actual payment is verified.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Review the lease, transaction records and stated area-measurement method for actual charges and allocations. Use a complete cash-flow or closing statement when assessing net proceeds; supplied credits, caps and fee terms are scenario components.
References
Similar or alternative tools
- Property Sale Closing Fee
Calculate a sale closing-fee scenario and net proceeds before other costs.
- Rent Review Back Charge Period
Calculate a supplied rent-review back charge over a stated number of periods.