Property - Convert a Management/Listing to Leased

Modified on Mon, 26 Aug, 2024 at 11:26 AM

Once a management/Listing has been leased, you will need to follow the below process in Vault.

Step by step

1. Navigate to the property card

2. Click the Tenants tab to attach a new or existing contact as the tenant

mceclip0.png3. Update the status dropdown to "Leased"

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4. This will then prompt you to add the below tenancy details:

  • Lease Amount: - The weekly lease amount
  • Tenancy Start: - This will default to today's date, however, can be adjusted
  • Duration: - Select the lease term of 3 months, 6 months, 1 year, 2 years or 3 years
  • Tenancy End: - This will automatically populate based on the duration selected 

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5. Once you have completed the above tenancy details, click on Set As Leased

6. This will then set the property as "Leased" with the option to Re-advertise/Set As Available in future using the below button

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Once the property has been leased, the system will generate a new lifeID. 

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