FAQ > Managing Tenant and Lease Agreement Information
How do I edit my lease terms?
Let’s use a specific example to walk through how you can edit lease terms for a tenant:
Let’s say we initially choose lease terms for a tenant, of $100/month. After 6 months we decided to raise the rent amount to $150/month. To make this change, we will edit the current lease terms as follows:
1. Go to the “Tenant Center” page and select the property in which the tenant is residing.
2. Hover the mouse over ‘Take Actions’ for the tenant’s row, and you will see a drop-down menu. Select the “Edit Lease Info” option. In the popup that appears, select ‘I want to edit the original lease’.
3. This will bring up the “Lease Information” window, showing your current lease terms and other lease details.
To change the rent amount, simply enter the new amount of ‘150’, select the lease start date that you want this change to take effect, and click Save.
NOTE: If you had previous transactions recorded on the worksheet for the initial lease terms, changing the lease terms will result in a popup asking for your confirmation to leave those transactions prior to today’s date as they are, and apply the new lease terms starting from today’s transactions. So those rent transactions will be reallocated to rent due only. So any special allocations for those transactions dated after the new lease start date will be lost.