Dear All,
I have an issue. I have an rent agreement made with the tenant for a certain period of time, For example I have a tenant X having a agreement for 5 years. The tenant is paying rent @1000 per month up to one year. After completion of one year the rent has to be increased by 200 where the total rent for month becomes 1200.
Now the issue is the increment of rent amount from 1000 to 1200 should automatically happen at the end of the12th month.
Experts please throw some pointers as how these can be achieved.
Regards.
C M