Graduated Rent Contract

Definition

In the context of rental, graduated rent contracts allow for defining different prices depending on the rent period, so that a different price is applied for rentals above a specified rent period. This is possible, e.g., for the following periods:

• Day
• Week
• Month (4 weeks or calendar month)

In TRASER Rental 365, graduated rents can be specified using price codes. Prices and invoice cycles are automatically adjusted during the rent period, e.g., from daily to weekly rent after four invoicable days or from weekly to monthly rent after three invoicable weeks.