Leases in VerticalRent are different from the state-specific lease agreement we offer landlords for download. A lease in VerticalRent is your way of specifying the lease terms when moving a tenant into a unit. When you Move In a Tenant, we ask you to specify the unit and ask you to add a lease agreement for that particular tenant. We ask for key information about the lease terms that are used to generate a state-specific lease agreement.
If you are using our Income & Expense ledger to manage cash flow, it is important that you familiarize yourself with the leases area of VerticalRent. Within a lease, you have the ability to change lease details, add credits, add charges, and manage documents.