Terminate a Lease

From time to time you may need to Terminate a lease (this is different from Notice or Vacating a Lease and may be used for Unit Transfer or other reasons).

The following steps are required

 

TERMINATE THE LEASE

Step 1: Actions --> Vacate --> Terminate...

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Step 2: Enter the Terminate Submission Date and Expected Move-Out Date. 

Step 3: Set Actual Move-Out Date:

Actions --> Move Out --> Set Actual Move-Out

Terminate_3.png

 

Step 4: Run the Bill. This will make all the final adjustments.

Actions --> Run Bill

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Confirm Outstanding Balances

Step 1: Check the Financial Summary of the Lease to confirm it has no outstanding balance and add any adjustments such as damages to unit, etc at this time.

Views --> Lease Financial --> Summary

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