Adding A Lease

Adding A Lease

This window is accessed from the Realty Analytics Ribbon, and is used to ad a new lease.

1 . Unit NumberUnit Number

Unit Number
Enter a unit number for this tenant.

2 . Tenant NameTenant Name

Tenant Name
Enter a name for this tenant

3 . Initial RateInitial Rate

Initial Rate
Enter the initial rate at which this tenant pays, regardless of how it is calculated. For example, if the tenant pays $12.50 per sf. enter 12.50. If the tenant pays 4,000 per month, enter 4,000.

4 . Basis on which tenant paysBasis on which tenant pays

Basis on which tenant pays
Make a selection from the drop=down window regarding the basis on which the tenant pays the rate you just entered. For example, if you entered 12.50 in the previous window, you would select $/sf. If you entered 4,000, you would select $/mo.

5 . Rentable SfRentable Sf

Rentable Sf
Enter the total square feet that this tenant occupies.

6 . Type of LeaseType of Lease

Type of Lease
Select the Type of lease for this tenant from the drop-down window.

7 . Lease Start DateLease Start Date

Lease Start Date
Enter the original starting date for this lease. This information is exported to the rent toll.

8 . Lease End DateLease End Date

Lease End Date
Enter the lease ending date. This information is exported to the rent roll, and the Lease Expiration report.

9 . Pre Paid RentPre Paid Rent

Pre Paid Rent
Enter the amount of any pre-paid rents you will be credited for a the closing. This information is exported to the rent roll, and the closing cost estimator

10 . Deposits HeldDeposits Held

Deposits Held
Enter the amount of any deposits held in escrow for this tenant for which you will receive credit at the closing. This information is exported to the rent roll and the Closing Cost Estimator.

11 . Lease Renewal OptionsLease Renewal Options

Lease Renewal Options
Select the number of options that the tenant has to renew the lease in the first window, and the term of the options in the second.

12 . FinishedFinished

Finished
Once you are satisfied with the lease configuration, click OK and the lease will be saved, and opened for you to fine-tune in the next steps.
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