Why It Matters
Your Property Leases power the Rent Roll, which drives the Income metrics across your Property and Portfolio dashboards. If your leases are out of sync with actual rents or tenancy status, your dashboards won’t reflect reality.
Setting up your first lease? Start with Adding Leases and Tenants, which walks through adding units and creating a new lease step by step.
Finding Your Leases
Go to the Properties tab and select a property.
Click the Leases tab, located below the property address at the top of the page.
You can also see leases for all of your properties on the Rent Collection page, organized by portfolio. Click a tenant’s name to open their lease.
Navigating a Lease
Once you open a lease, you’ll see three tabs:
Summary: A high-level overview of the tenancy, lease details, and tenant information.
Ledger & Charges: View the tenant ledger, add new charges, record a payment, renew the lease, and more.
Notes: Keep notes on the lease. Each note automatically records the date and author.
The Actions menu in the upper-right corner lets you edit the current lease, disable rent collection, download the rent roll, or end the lease.
Editing a Lease
Open a lease and click Actions → Edit current lease. From here you can update:
Lease details, including lease documents, lease dates, and rent amounts
Fees and deposits, including any recurring fees
Tenant details, including name, email address, and/or phone number
Rent collection options
To add a new lease, click Add New Lease on the Leases tab. For step-by-step instructions, see Adding Leases and Tenants.
Add or Edit Tenants
You can add tenants when you create a lease or add tenant details later. To add or edit tenants on an existing lease:
Go to the Properties tab and select the property.
Click the Leases tab.
Click on the lease.
Under the Tenants section, click Add, or select the three dots to edit a tenant.
“Unable to sync tenants” error: This means the tenant’s email is already in use elsewhere, either on another lease in your account or elsewhere in Stessa. Remove the email from the old lease, or use a phone number or a different email for the tenant. See Adding Leases and Tenants for more.
Lease Renewals & Month-to-Month
To renew an existing lease or switch it to month-to-month:
Go to the Properties tab and select the property.
Click the Leases tab.
Click on the lease.
In the upper-right corner, select Renew lease.
Use Month-to-Month to remove a fixed end date.
Troubleshooting Errors When Renewing Leases
Make sure all required fields, like lease dates and rent amounts, are filled in correctly before renewing the lease.
Ending a Lease
To move out a tenant, including on a month-to-month lease, open the lease and click Actions → End lease, then choose the end date. For full steps, see Adding Leases and Tenants.