Including leases in your SiQ account helps you create a richer data set for your real estate portfolio. Leases can be associated with any building or floor already in your SiQ portfolio. In addition, lease costs and schedules are incorporated into SiQ financial reporting, found in Reports, Portfolio, and Costs. Leases are added to your account either manually or through integration.
In this article, you'll learn how leases work in SiQ.
- Navigate to Leases
- Lease Tools
- Add a New Lease
- Edit or Delete a Lease
- Lease Events and Notifications
Navigate to Leases
To access leases, navigate to the Manage and select the Leases tab.
The Leases page provides several tools to find, view, search and sort your data.
You'll find a list of all leases in Manage Leases, on the Leases page.
On the Leases page, you can use the All Cities filter to view leases by city or region.
Applied filters appear next to the filter options. Click x next to applied filters to remove a filter.
You can also filter by Expiration Date, Notice Date, and Show Expired.
Search and Sort
You can search for leases in the Search field.
Sort your data by either ascending or descending order by clicking on a column heading.
Add a New Lease
Add a new lease by clicking on the +New Lease button.
When the Create New Lease modal opens, fill in lease details.
You are required to fill in these fields for a new lease:
- Location - if you select a Floor location, you can add optional Suite information
- Start Date
- Expiration Date
- Annual Cost - by default, USD is the default currency, but you can change this in Other Currency
If you don't add a lease Title, SiQ will use the lease location as the title of the lease.
Enter additional lease information such as square footage, contact info, and other details. These fields are encouraged but not required. You can also upload a copy of the lease and other documents by drag-and-drop or browse to select one or more files.
This is an example of a populated Create New Lease page:
When you're finished entering lease information, click Save.
Edit or Delete a Lease
You can edit or delete a lease from a lease information page.
Edit a Lease
From Manage Leases, click directly on the name of a lease to open the lease information page. Then, click the Pencil icon on the upper-right of the screen.
An Update Lease Details page opens with editable fields. Modify the information, then click the Save button on the bottom-right of the screen.
When finished editing, click Save.
Delete a Lease
From Manage Leases, click a lease record to open the lease information page. When the lease information page opens, click the trash icon on the upper right corner of the screen.
Then, click Yes to delete the lease.
You'll see confirmation that the lease has been deleted.
Lease Events and Notifications
Lease events are important milestones in the life of a lease. You can create a variety of events within your lease record including renewals, subleases, terminations, and other events. Within each event record you can upload and store relevant documents and record a description, date, and amount.
You can also add an SiQ notification to remind you of an upcoming lease event.
Learn more: Manage Lease Events and Notifications