Rent structures
Rent in Tango is configured through Recurring Costs. Common rent types include:Escalation methods
The Adjustment Method field on the recurring cost controls how the cost changes over time:- Fixed — no change unless manually updated
- CPI/Indexed — adjusted based on a CPI or other index value
- Percentage — escalates by a fixed percentage on a set schedule
Proration
When a payment period starts or ends mid-month, the prorate method controls the calculation. Common options:- Days in Month — divides the period amount by calendar days
- Days in Year / 12 — uses a standardized day count
Obligations
Obligations track which party — landlord or tenant — is responsible for maintenance, repair, and replacement of specific components of the leased space. Each obligation record captures:
Obligations are found in Lease Details → Contract Details → Obligations.
Documents related to obligations — such as warranty certificates or maintenance contracts — can be uploaded directly to the obligation record and are automatically stored in the Obligations folder in the lease Documents tab.
Obligations are informational records only. They do not generate payments or trigger workflow actions, but they provide a complete operational record of lease responsibilities.