Letting property
Leases, tenants and occupancy
Drawing up a lease, collecting signatures, and seeing who lives where.
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Leases in your organisation’s menu is where you draw up, sign, renew and end leases. Who lives where follows from them.
Drawing up a lease
When you approve an application, you draw up a lease for it from the approval. It carries the terms: the rent and the day it is due, the deposit, the dates, the notice period in days, and the house rules.
- A late fee, if you want one, is set before the lease is sent, so it is written into the lease and the tenant agrees to it by signing. A lease signed without a late fee can never charge one.
- A rise on renewal can be set as a percentage.
- Every change makes a new version.
Sending it for signing
During the lease
- Renew draws up a renewal.
- Notice can be given by the tenant or by you. JourneyStead records the last day. It records the dates only: any amount owed for ending early is between you and the tenant.
- End early ends a running lease before its date.
- Where you and the tenant have agreed in writing to a shorter notice, you can say so.
Open any lease to see its versions, who has signed, its inspections and its references.
Tenants
Tenants lists everyone living in your units now, and those about to move in. It is empty until the first lease is signed. You can search by name, and see where each person lives and the dates of their lease.
Occupancy
Occupancy shows every unit today, worked out from your leases and approvals:
| State | Meaning |
|---|---|
| Occupied | Someone lives there. It shows when they are leaving |
| Reserved | An approval or a signed lease is waiting to start |
| Free | Nothing is holding it |
Open the lease from a unit to see the detail.