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home/Knowledge Base/Lease Management/How to create a new lease?

How to create a new lease?

12 views 0 December 1, 2022 Updated on December 10, 2022 mippsupportadmin

Creating a lease in our portal is very simple. Our step-by-step process will guide you through the lease process that complies with your provincial lease rules and regulation. You will be given helpful hints based on the provincial tenancy act during the lease creation process. Much of the information in this is process will be pre-filled from the data stored in our system so that you do not have to type in anything.

There is just one way to create a lease using our software. However, there are several ways to get there:
1) You can start the lease creation process from the prospect details page.
– This is accessed by clicking on ‘Prospect Management’ on the left navigation bar. From the ‘New Prospects’ tab, you click to ‘View Details’ from the ‘Actions’ column.
– After you are redirected to the tenant’s information page, you expand the red ‘Action’ button and click to ‘Create Lease’.
– The difference in using this method is that your property/unit details will be according to what the prospect chooses. There is no way to change the preferences.
2) You can create from the left navigation bar.
– From here, you expand ‘Tenant Management’ and click on ‘Tenant Lease’.
– On this page, you click on ‘Create New Lease’ in the top left corner.
– – Using this method, you can change the unit number or change the property preferences.
Our system is smart enough to remember the many values from the previous leases. That is why the info is filled in automatically. However, the lease creation process is the same for both methods. It consists of various steps where you fill out all the details and preferences for the lease term. The number of steps varies depending on which province the new tenant is going to be based on.

You have the option to:
1) Create a lease, which is system generated and needs to go through the approval process. You will have the option to send a signature link to the tenant after the approval.
2) Upload the existing lease and follow the approval process, where the lease document can be uploaded. This is completely optional and the lease document can be uploaded even at a later time.

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