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Edit Lease Terms on an Active Lease

You can edit the terms of a lease to extend or shorten the timeframe of a lease

Samuel avatar
Written by Samuel
Updated over 9 months ago

Overview

There are several cases where you might need to change the terms of an active lease. Maybe you realized that you recorded the wrong start or end date for the lease and you need to fix this. Perhaps you've renewed an existing lease for new terms. Rather than ending the existing lease and starting a new one, you can just update the existing lease's end date or change it to month-to-month.

The Steps

  1. To edit the lease terms on an active lease, click Leasing on the main menu and then click on Active Leases.

  2. Find the lease you want to edit terms for and click on it.

  3. Click on the Settings tab and then click Lease Terms.

    (Alternatively, you can also click on the blue circle with three vertical dots in the top right corner and select Edit.)

  4. Change the Start date, End date, turn on Rollover to "Month to Month" at the end of the term, or switch to a Month-to-Month lease as needed.

  5. Click Save to finish.

That's it! Despite having set the wrong terms on a lease, you were able to edit it to set new updated terms.

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