Add Leases to Hubs

You can addLeasestoHubsin order to track contractual agreements.

1. Navigate to the desired Hub home page.

2. On the Hub home page, scroll to the Leases pane.

3. Click the Add Leasebutton in the toolbar.

   A new window appears.

4. Click the Add Lease from Template button to create a Lease from a template. Templates allow users to create a Lease with information that has been pre-defined by administrators.

5. Enter a name for the Lease in the Name field.

6. Complete the following required fields:

   • Term: Select from Regular (default), Holdover, or MTM.

   • Status: Planned (default), Pending, Active, Terminated, Canceled, Expired, or Other.

   • Holding Interest: Lessee, Lessor, Sublessee, and Sublessor.

   • Lease Currency: USD (usea the default portfolio currency).

   • Lease Measurement: Square Feet (uses the default portfolio measurement).

   • Master Lease: Designates the Lease as the Master Lease.

7. Enter the necessary information about the building or area that is leased in the Building Info pane. This information is important for calculating other Lease components.

8. Enter the information about the Lease dates.

   If a custom Lease form has been defined by an administrator, it appears on the page.

9. When complete, click Save.

   The Lease appears in theLeases pane of the Hub home page.