Need to set up a lease? We have 2 options to enter leases in Property Vista (Current Lease & New Lease). Need to know which one to choose, see below to find out the difference!
Step 1: Navigate to TENANTS & LEASES → LEASES → Select NEW LEASE OR CURRENT LEASE
Time to decide which option to choose!
NEW LEASE
A New Lease in Property Vista is meant to be used when entering a lease with a FUTURE date. Example: It is now June & I need to enter a lease with a start date of July 1.
TIPS for Success:
1. When entering a New Lease you will only be able to select the unit if the units scope has been set to "Available"
To find out more on changing the scope to available click HERE
2. New Leases should always have a NEW deposit
To find out more on Legacy vs. New Deposit click HERE
CURRENT LEASE
A Current Lease in Property Vista is meant to be used when entering a lease with a PAST date. Example: It is now June 15 & I need to enter a lease with a start date of June 1.
TIPS for Success:
1. When entering a New Lease you will only be able to select the unit if the units scope has been set to "Pending"
To find out more on changing the scope to available click HERE
2. If entering a current lease the system will always add a LEGACY Deposit. If entering a Current lease late (rather than on initial migration of data) you should add the deposit AFTER activation to show the deposit charge on the account.
To find out more on Legacy vs. New Deposit click HERE