Rent Concession Calculator

Calculate Rent Concession



Formula

The formula to calculate the Rent Concession (RC) is:

\[ RC = AR - NER \]

Where:

What is Rent Concession?

A rent concession is the difference between the base annual rent and the net effective rent. It represents the amount of discount or incentive given by the landlord to the tenant.

Example Calculation

Consider an example where:

Using the formula to calculate the Rent Concession:

\[ RC = 50,000 - 45,000 = 5,000 \]

This means that the rent concession for this example is $5,000.