If a tenant has agreed to renew their lease, please follow the below steps to reflect it in Managed.

Watch our detailed video tutorial below or dive into the step-by-step guide.

Click on the Lease tab in the property profile and then click Renew Lease

You will now be prompted with our Lease Renewal Wizard which will enable you to start entering the new lease details.

You can select a pre-defined period, such as 6 months, 12 months, etc., or choose a custom length that suits your needs.

If any rental adjustments are required, click Yes and enter the details into the system.

If no adjustments are required, select the No option.

If any agency bills (e.g. lease renewal) are required, click Yes and enter the bill details into the system.

If no adjustments are required, select the No option.

Click Renew when all steps have been completed.

You will now see the lease dates update and any rental adjustments shown in the Rental History section of the Lease 🤩