Escalating Payments & CPI Increases
The article explains how to manage leases with known CPI increases or escalating payments by using Crunchafi's in-app payment escalator on step 2 of Add/Edit Lease, where users input the percentage or amount of increase and the software automatically calculates subsequent payment amounts.
Escalating Payments & CPI Increases
Review the information below for leases that contain known CPI increases or escalating payments.
If you have a lease that contains known CPI increases or escalating payments through the life of the lease, add payments on step 2 of Add/Edit Lease using the in-app payment escalator.
Use the Percent or Amount field to determine the increase and the software will automatically calculate the next payment amount.
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