A recurring rent charge is a periodic charge that a tenant pays to a property manager for the use of rental property. This charge is typically due monthly and covers the cost of renting the space. Recurring rent charges are specified in the lease contract, which outlines the amount due, the frequency of payments, and the due dates. As it relates to DoorLoop, each lease must have an active recurring rent charge but can also have future rent charges set for rent increases. Recurring rent charges normally do not have an end date and normally expire when the lease expires or if a new recurring rent charge takes over.

On the other hand, a recurring charge on a lease refers to any regular, periodic payment that is required as part of the lease agreement. These charges can occur on a monthly, quarterly, or annual basis, depending on the terms of the lease. This can include items like maintenance fees, utility bills, and association fees. You can create as many recurring charges as you like and these can overlap each other. Unlike recurring rent charges, you can set an end date for these or have them continue until the lease expires. These also do not show up as part of the rent due in certain reports.