Editing an Existing Lease

Editing an Existing Lease

You can modify lease details at any time to reflect changes in the tenancy agreement.

Steps

1. Go to the property or unit and click the Leases tab.
2. Select the lease you want to edit.
3. Click Edit Lease.
4. Update the fields you need to change:
   • Lease name, start/end dates.
   • Rent amount or payment frequency.
   • Payment day.
5. Click Save Changes.

What Changes Affect

• Rent Amount — Changing the rent amount updates future payment periods. Past periods remain at the original amount.
• End Date — Extending the end date generates additional payment periods.
• Payment Frequency — Changing frequency recalculates future payment periods.

Lease Status

Leases have the following statuses:

• Active — The current date is within the lease term.
• Upcoming — The start date is in the future.
• Expired — The end date has passed.
• Periodic — No end date set; the lease continues until terminated.

Tip: When changing the rent (e.g. annual increase), edit the lease rent amount and Latch will update all future periods automatically.