Understanding Leases

Leases connect tenants to units with specific terms. They track rent amounts, dates, and payment schedules.

Creating a Lease

1. Navigate to a unit or tenant
2. Click “Create Lease”
3. Enter lease details:
   • Tenant – Select the tenant
   • Unit – Select the unit
   • Start Date – When the lease begins
   • End Date – When the lease expires
   • Monthly Rent – Rent amount
   • Security Deposit – Deposit amount
   • Payment Due Day – Day of month rent is due (usually 1st)
4. Click “Create Lease”

Lease Statuses

Rent Payments

When a lease is created, monthly rent payment records are automatically generated for the tenant. These appear in:

• The landlord’s “Rent Payments” section
• The tenant’s portal dashboard

Renewing Leases

To renew a lease:

1. Create a new lease with updated dates and terms
2. The old lease will show as expired
3. Payment records continue under the new lease

Ending a Lease Early

If a tenant moves out before their lease ends:

1. Navigate to the lease
2. Click “Terminate Lease”
3. Enter the actual end date
4. Add any notes about the termination