According to default settings, when is Free Rent provided in ARGUS Enterprise?

Free Rent in ARGUS Enterprise is typically provided during the first month(s) of the lease as per the default settings. This provision aligns with common lease structures where landlords offer incentives for tenants by allowing a rent-free period at the beginning of occupancy. This approach helps tenants to manage moving costs and other initial expenses associated with the lease.

The first month(s) of free rent serves as a strategic tool to attract tenants, which is why it is incorporated into the software’s default settings. This initial rent-free period can be a critical factor for tenants when considering the overall cost of the lease, making this understanding important for accurate modeling and forecasting in ARGUS Enterprise.

The other potential scenarios for free rent, such as during the signing of the lease, throughout the lease period, or in the last month, are not aligned with the standard practice embedded in ARGUS Enterprise. Such settings would typically be less common and not reflected in default configurations of the software.