Property Management
What is 'rent roll' and why is it essential in Delaware commercial property analysis?
AA roll of postage stamps used to mail rent invoices to tenants
BA document listing all tenants in a property with their unit/space, lease term, monthly rent, and other key lease data — essential for verifying income in investment analysis, due diligence, and lender underwriting✓ Correct
CA record of all rent increases applied to a property over the past 5 years
DA Delaware state-required report listing all rental properties in a county
Explanation
A rent roll is a comprehensive listing of all tenant leases showing: tenant name, leased space, lease start/expiration, monthly/annual base rent, escalations, and current balance. In Delaware commercial real estate transactions, buyers and lenders use the rent roll to verify income, identify lease expirations and rollover risk, and confirm occupancy levels.
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