Operational

Rent Roll

A structured schedule listing all active leases in a property or portfolio, including tenant names, suite numbers, square footage, lease dates, current rent, and expiration dates, used for property management, financing, and due diligence.

Extended Definition

The rent roll is the master operating document for a commercial property. Lenders require it during loan underwriting to assess income stability; buyers review it in acquisition due diligence; asset managers use it for cash flow forecasting. A current, accurate rent roll must reconcile exactly with the underlying lease documents — a discrepancy often signals a missing amendment, an unadministered renewal option, or a billing error. Lease abstraction software like Lextract generates rent roll data automatically from lease PDFs, dramatically reducing the manual effort of populating and maintaining this critical document.

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