| Chris | email | Apr 1 2018, 08:59 PM |
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When generating a report "Expiring Leases for a Building" regardless of how edit or delete the lease dates. Past tenants still appear in this report Is it possible for only current tenants to appear in this report? |
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| Stephane Grenier | email | Apr 2 2018, 05:54 PM |
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Hi Chris, That's correct, the list of expiring leases includes all leases regardless of the tenant's status. The reality is that if you have lease that's appearing it's because you're lease data is incorrect, that is the lease has terminated but you did not terminate the lease itself. In other words you're basically telling the software that there is an active lease on that property for those dates. Please keep in mind that a lease can be active and the tenant not reside there. Also it's possible to run the "Expiring leases for a building" in the future which means that some tenants may not even be current at that point. Some people having shorter term leases and you may be trying to run a report showing all the leases that will expire over the next half year. In other words the software has to use the lease information and not the status of the tenant because there can be a be a number of situations where a lease will expire but the tenant's status is not current. To correct this you just need to edit the leases so that they reflect that the lease is terminated. If a lease is terminated early, say a tenant is evicted, then you need to adjust the lease end date to reflect this (most likely adding a note in the lease to say why the lease was terminated early, etc. Once you've done that the expiring report will display what you're expecting. Regards, Stephan Grenier Founder LandlordMax Software Inc. http://www.LandlordMax.com http://www.FollowSteph.com |
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| Fred | email | Nov 27 2020, 04:40 PM |
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Hello Stephane, I have a question regarding leases coming due - I have a desktop version of the program and I was wondering if / how I can set up such that I get pinged or notified a certain amount of time in advance of a lease coming due? If I enter lease begin date and lease end date will i be notified of an upcoming lease coming due? Manage both commercial and residential with, obviously, differing lease dates constantly running through. Thanks, Fred |
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| Stephane Grenier | email | Nov 28 2020, 01:25 AM |
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Hi Chris, The Expiring lease reports are generated entirely from the lease data and intentionally do not include the tenant's status for a number of reasons. The first is because you could be say running the report for the next say 6 months within which you could have a new tenant starting a lease after the report starts and ends a month before the reports ends. In this case there would a tenant with a lease that expires within the start and end date but if we were to look at the status they are not a current tenant. In essence any tenant that is not current and moves in after the report starts will not be included in the expiration reports. There are a couple of other reasons but in essence they are extensions of this scenario. The end result is that the expiring lease reports has to be based on the leases entirely because the tenant status may change over the start and end date of the report. Regards, Stephan Grenier Founder LandlordMax Software Inc. http://www.LandlordMax.com http://www.FollowSteph.com |
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