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 expire only when the lease expires or a new recurring rent charge takes over.

A recurring charge, on the other hand, refers to any regular, periodic payment required as part of the lease agreement, such as maintenance fees, utility bills, or association fees. These can occur monthly, quarterly, or annually, depending on the lease terms. You can create as many recurring charges as you like, and they can overlap each other. Unlike recurring rent charges, you can set an end date for a recurring charge or have it continue until the lease expires. Recurring charges also don't show up as part of the rent due in certain reports.

In short, use a recurring rent charge for the lease's base rent, and use a recurring charge for any other periodic cost tied to the lease.