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2021-01-06

Create Over Age Lease Feature

The Create Over Age Lease feature simplifies the leasing process for properties with aging tenants. It allows landlords and property managers to effortlessly draft and manage leases, tailored specifically for those over a certain age. This tool brings clarity, efficiency, and peace of mind to your leasing operations.

Key Features

Streamlined lease creation process for older tenants
Customizable lease terms to fit specific needs
Easy management of multiple leases within one interface
Automatic reminders for lease renewals and expirations
User-friendly template options for various property types

Potential Use Cases and Benefits

Perfect for landlords managing senior living communities
Ideal for property managers overseeing retirement housing
Supports legal compliance with age-related regulations
Enhances tenant satisfaction through tailored agreements
Reduces administrative burden with automated features

This feature solves your leasing challenges by making the process straightforward and tailored. You no longer need to worry about the complexities of drafting age-appropriate agreements. Instead, you can focus on what matters most—building strong relationships with tenants and maintaining your properties.

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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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If your leasing company offers the option, ending your car lease early means you're released from making remaining payments on your current leased vehicle. But it also means that you have to turn in the car and pay the balance due, including any costs, fees and penalties associated with early termination.
While most leases include an early-termination clause, the penalty fees for ending your lease early are stiff. It is unfortunate, but sometimes lessees will simply stop paying a lease until the car is repossessed. But what most don't know is: Yes, you can get out of a car lease without hurting your credit.
Read Your Agreement Carefully. Try to Find Someone to Take Over Your Lease. Trade It for Another Vehicle. Take the Early Buyout Option. Or, Just Wait It Out.
Early lease termination If your leasing company offers the option, ending your car lease early means you're released from making remaining payments on your current leased vehicle. And you'll usually have to pay any late fees, past due payments, parking tickets or other charges remaining on the car.
Transfer Your Lease. Probably the easiest and most popular way to get out of your lease early is to transfer it using a 3rd party service such as Swap A Lease or Lease Trader. Sell or Trade the Vehicle. Return Vehicle and Pay Penalties. Ask Leasing Company for Help. Default on the Payment.
A lease transfer is by far the most inexpensive way to get out of a lease. The only cost to you will be any administration fees to complete the lease transfer. An early buyout is where you pay the dealership the entire balance of outstanding payments left on the lease, plus the residual value and any applicable taxes.
The payoff amount will include an early termination fee of around $200 to $500 plus any remaining depreciation cost. In most cases, the car will be worth less than the payoff amount, so you'll need to incur the difference as a loss when you sell or trade the vehicle.
Usually, if you know ahead of time what your mileage may be over the next three years, you can purchase extra miles at the beginning of the lease agreement. Ask for extra miles in advance of signing the contract. As a result, your lease will have pro-rated monthly payments that have the extra mileage figured in.

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