If you are located in North America, you will have slightly different buttons and terminology:
- Tenants are referred to as Leases
- Terms & Breaks within a Tenant is called Terms & Options
For more information on regional terminology, refer to this article or contact support.
When a term expires, rent and outgoings will no longer generate. Holding over the term will allow rent and outgoings to continue generating. If a term is rolling, it can't be held over.
If a term is not held over and the expiry date does not align with the rent or outgoings frequency, a partial invoice will be generated.
A term can be marked as holding over from two places:
- Tenancy > Terms & Breaks page
2. Term expiry notification on the dashboard calendar
A list of terms that are currently holding over can be viewed from three places:
1. Tenancies list
2. Property > Tenancies
3. Tenancy Schedule report