Residential Property Management: Enhanced Lease Renewal Confirmation
Feature Overview
The lease renewal process in Residential Property Management
now includes an updated lease details confirmation that aligns the lease terms
with the tenant’s rent frequency.
How It Works
To support the new Automated Lease Renewal feature, the
lease renewal confirmation box has been revised. When entering a new lease or
renewing an existing one:
The
confirmation box will display the lease period based on the rent frequency
assigned to the tenant.
The
system defaults to the lease terms configured in your department settings.
For
example, if a tenant is set up for monthly rent, the lease will
automatically display a 12-month term.
Example
See the updated confirmation box below for a visual guide.
This improvement ensures lease terms accurately reflect rent
frequency, enhancing the renewal process efficiency.
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