LEASE MANAGEMENT SOFTWARE
Looking for a better way to manage tenant leases & communications?
We store all your communications and key documents in one place, and send you reminders when it's time to renew.
100% control over leases
Ensure transparency, efficiency, and peace of mind across your activities
Maintain all records in one place
Stay organized on all your current and prior tenant information
Instantly notify tenants
Set up notifications to your tenants via SMS and emails
Easily manage all of your communications and key documents in one place
Get notified when a tenants lease is coming up
Prepare your property for upcoming vacancies and lease renewals by sending notifications 90 days in advance of lease expiration dates.
Access all your current and prior tenant information in one place
View detailed information about your tenants including messages, documents, lease terms, open requests and much more.
Manage changes to tenant lease agreements
You have the flexibility to transition your tenants to a different lease agreement, whether it's from yearly to monthly or another option, or to terminate a lease in specific situations.
A lease is a legally binding contract between a landlord (property owner) and a tenant that outlines the terms and conditions for renting a property. It typically includes details about rent, duration of occupancy, responsibilities of both parties, and other essential provisions.
A comprehensive lease agreement should contain details about the rental property's address, lease duration, rental amount, due date for payments, security deposit terms, tenant and landlord responsibilities, rules regarding property use, and procedures for lease termination.
Common types of leases for residential rental properties include fixed-term leases (with a specific start and end date) or month-to-month leases (renewed automatically each month unless terminated).
Lease termination before the agreed-upon end date is possible in certain circumstances, usually outlined in the lease agreement. It might involve paying a penalty, providing sufficient notice, or meeting specific conditions agreed upon by both parties.
When a lease expires, the outcome depends on the agreement between the landlord or property manager and the tenant. This could be in the form of a renewal, transitioning into a month-to-month agreement, or the tenant may move out. Renewal: Both parties might agree to renew the lease for another term. This could involve renegotiating terms such as rent, lease duration, or any changes to the agreement. Transition to Month-to-Month: If not renewed, some leases automatically transition to a month-to-month agreement. This usually maintains the same terms as the original lease but allows either party to terminate with proper notice. Move-Out: If there's no renewal or transition to a month-to-month agreement, the tenant typically moves out by the lease end date. They're expected to return possession of the property to the landlord in the same condition as specified in the lease.
"The best property management software for real-estate investors and entrepreneurs! I travel a lot for business, and I can manage my units from anywhere in the world."
Julian S.
4 rentals in Denver, CO
