Propertese allows you to add, delete, and update tenant data while creating and managing lease contracts. You can add and update lease data including property and units, start and end dates, lease terms (month-to-month and fixed-term), tenant information with ability to add more than one tenant to a contract, rent and invoice frequency, rent amount, tax code, additional one-time and recurring charges, rent increase year and percentage for multi-year contracts, and upload renter’s insurance documents.

Propertese enables you to manage multiple units in a single contract while providing the ability to reserve a unit in advance. The system handles comprehensive multi-unit lease management with detailed unit-specific contract information and advance reservation capabilities.

Propertese provides automatic creation of payments/installments based on the payment mode, contract amount, and duration. The system also includes automatic creation of recurring rent and fee schedule lease contract details with comprehensive payment automation.

Propertese allows you to renew contracts based on previous contract details and end/close contracts systematically. The solution automatically calculates and reverses deferred revenue in the GL upon contract closure in NetSuite in cases where the payment has been collected in full.

Propertese generates rent schedules based on the start and end date of the contract. Advanced Package features include the ability to generate rent schedules based on Calendar Year and English Quarters, handle leases without an actual Termination Date (End Date), manage Rent Review Based on Anniversary or Next Due Date (Period), create Custom Rent Schedule for Lease Agreements (Pre-Defined Schedules/Step Rent Leases), and generate rent and fees schedule for an optional term to extend the contract.

Propertese provides automated email alerts to property managers for contracts expiring soon, due for renewal, etc. The system includes tracking of leases at each stage from draft, active, expiring, renewals, ending till move out with comprehensive lease lifecycle monitoring.

Propertese provides the ability to link parking spaces with lease contracts, auto-creation of Move-in and Move-out tasks based on the event, and the ability to add additional charges based on the percentage of periodic rent.

Propertese includes the ability to generate rental invoices in advance, generate standalone invoices against any charges incurred during the lifecycle of a lease agreement and needs to be charged to the tenant, and generate standalone invoices against utility items based on the consumption captured on unit level.

Propertese provides the ability to define custom lease documents checklist to capture required documents as part of the lease agreement creation process. You can create company-branded Lease Agreements, Invoices, and Work Order PDFs with editable fields for terms and conditions, create separate Lease Agreement templates for Residential and Commercial units, and create separate Lease Agreement templates for draft and active leases.

Propertese includes Customizable Contract Templates with ready-to-use templates for lease and ownership agreements with customizable fields, Approval Routing for Contracts providing workflow for reviewing and approving lease agreements, and Contract Termination and Renewal Options to track contract expiry dates and provide renewal or termination options.