You can create a new commercial tenancy in Re-Leased in four ways. The Tenancy Wizard guides you through all required steps — save as draft at any point and return later to complete it.
Interactive demo: Tenancy Data Entry (~40 mins)
Interactive demo: Tenancy Creation (EMEA) | Tenancies Deep Dive (EMEA)
Starting the Process
Choose any of these four entry points:
Global Search — search for the property and select Add Lease/Tenancy from the three-dot menu.
Quick Add (+) icon — click + in the navigation bar and choose New Lease/Tenancy.
Tenancy list — navigate to Property Management > Tenancies/Leases and click New Lease/Tenancy.
Property record — open the property, go to the Tenancies/Leases tab, and click New Lease/Tenancy.
Completing the Tenancy Wizard
Step 1 — Tenancy Details
Enter the tenancy name, tenancy type and form, online payment reference, penalty interest rate, outgoing concessions, tags, custom reference, default invoice template, schedule clauses, outgoings percentage, and contacts (including primary and account contact). Click Save and Continue.
Step 2 — Tenancy Contacts
Review contacts and adjust as needed. Click a contact name to open their file and edit additional details.
Step 3 — Areas
Add the areas the tenancy will occupy. If no areas exist yet, see Managing Property Areas first.
Step 4 — Inspections
Create inspection schedules to generate reminders on your Dashboard calendar.
Step 5 — Terms, Rent, and Rent Reviews
Enter the term dates, rights of renewal, and rent template details. Key fields include:
Payment Frequency — how often invoices are generated.
First Payment — the date of the first invoice.
Rent Amounts — enter monthly or annual rent; the system calculates the other.
Generate First Invoice Now — generate immediately or leave on schedule.
Use Default Ledger — automatically uses the property's default ledger and updates if you change the property default.
Set up rent reviews using Generate Rent Reviews for a full schedule, or add individual reviews manually.
Step 6 — Bonds/Deposits (Client/Trust Accounting only)
Indicate where the bond will be held and set the bond value.
Step 7 — Area Rent Allocation
If multiple areas are assigned, allocate rent to each for accurate Tenancy Schedule/Rent Roll reporting.
Step 8 — Fees
Review and adjust any fees associated with the new tenancy before completing the wizard.
In North America, Tenancies are referred to as Leases. For more information on regional terminology, see our Glossary of Regional Terminology.