-1.png){kind=small}
Rent Roll Audit
A documented comparison of a property's rent roll with its signed leases to identify discrepancies and missing support.
A rent roll audit compares information in a property's rent roll with the signed leases supporting it. The review identifies differences between the report and the underlying agreements, rather than assuming that a summarized rent roll is accurate.
Record the reporting date, leases reviewed, discrepancies, and documents that were unavailable. Keep confirmed information separate from entries awaiting support, and document the follow-up needed to resolve differences. The scope reviewed determines what the audit can establish.
Source: Fannie Mae, Multifamily Guide, Section 401.01, PDF pages 3-4.
Frequently Asked Questions
What should the review record when a supporting lease is unavailable?
Identify the missing document and affected entry. An unverified entry should remain identified as such until its supporting evidence is reviewed.
More in Operations
See all Operations terms →Access Control
Access control permits or denies requests to enter facilities or use information, systems and services.
Read definition →Corrective Action Plan
A corrective action plan records how a verified problem cause will be addressed and how the effectiveness of the change will be checked.
Read definition →Cost per Turn
The cost attributed to one rental-unit turnover, with the included spending and lost-rent categories identified.
Read definition →Critical Dates Tracker
An automated portfolio calendar monitoring renewal windows, statutory rent increase timelines, and compliance deadlines to prevent legal forfeiture.
Read definition →Data Integrity
Data integrity protects information from unauthorized changes and accidental or unauthorized destruction or loss.
Read definition →