Help and guides
Words we use
Renting has its own words. Here's what each one means in Tenant.ph, in plain language.
- Active lease
- A lease you've sent or that's running now, including one past its end date until you confirm the move-out. Drafts, ended and cancelled leases don't count against your plan.
- Advance rent
- Rent paid before moving in. It pays for one month: the first, or the last month of a fixed term.
- Arrears
- Rent that's late: still unpaid after its due date and the lease's grace days. Tenants who moved out and still owe are included.
- Collected
- Money your tenants actually paid, by the day it was paid. Deposits aren't counted: they're still the tenant's until they're used for a charge.
- Countersign
- Signing the lease yourself after your tenant has accepted it. Once you do, the lease is active and rent billing starts.
- Deposit held
- Money your tenant gave you to keep, not income. After move-out it can pay for unpaid rent or damage, and the rest goes back to them.
- Grace days
- Extra days after the due date before unpaid rent counts as late. A late fee, if the lease has one, can only be added after them.
- Holdover
- The lease's end date has passed but the tenant hasn't moved out. Rent keeps billing at the same amount until you confirm the move-out.
- Month-to-month
- A lease with no end date: it runs month by month until you or your tenant gives notice.
- Move-out due
- The agreed last day has passed. Confirm the day your tenant left, so billing stops there.
- Occupancy
- How many of your units have a tenant living there now, out of all of them.
- Rent roll
- The rent you expect each month: the monthly rent of every lease that has started, added up.
- Waived and credited
- Charges you let go of without being paid, and rent credited back (for days after a move-out, for example).