01 / Properties & leases
How do properties, units and leases fit together?
In LandlordOS each rentable home or unit is a property record, with its address, unit number, type, bedrooms, bathrooms and square feet. A lease ties one property to one or more tenants. On Premium you can group properties into portfolios, for example all the units in one building.
A lease holds the terms LandlordOS needs to bill correctly. When you save it, LandlordOS creates the rent charges on the lease ledger, and only upcoming charges change if you edit the lease later. The Reminders page flags fixed-term leases that are ending soon so you can renew or plan the turnover, and can email the tenants too.
- Fixed-term or month-to-month, with start and end dates
- Rent amount and due day, with an optional prorated first month
- Security deposit and its due date, plus prepaid rent
- Recurring and one-time fees, such as a pet fee or a move-in fee
- Late fee amount and grace days
- The lease PDF and other documents, each shared with tenants or kept private