Property, unit, lease
A property is the building or plot you manage. A unit is a part of it that you let on its own: apartment 3B, the ground floor shop, parking space 12. A lease gives one unit, or the whole property, to a tenant for a period at a monthly rent.
| Record | Example | Belongs to |
|---|---|---|
| Property | Lindenstrasse 14, a residential building | Your organization |
| Unit | Apt 3B, 72 m², 3 rooms | One property |
| Lease | L-000014, Apt 3B to Jana Novak from 1 May | One property, and one unit or none |
| Tenant | Jana Novak | Your organization, with any number of leases |
When to add units
- A building with several apartments, offices or shops: add one unit for each part you let separately.
- A building where you also let parking spaces or storage rooms: add them as units of the kind parking or storage, so each has its own lease and rent.
- A single house or flat let to one tenant: you do not need a unit. Lease the property as a whole. See Lease a whole property.
Unit kinds
| Kind | Use it for |
|---|---|
| Apartment | A self-contained flat. |
| House | A house that is one of several on a property, such as a terrace or a compound. |
| Room | A room let on its own, for example in a shared flat or student housing. |
| Office | Office space. |
| Retail | A shop, a restaurant or other commercial space with street access. |
| Warehouse | Storage or logistics space let commercially. |
| Parking | A parking space or garage. |
| Storage | A cellar, a storage room or a locker. |
| Other | Anything else you let separately. |
Units are free
Units, properties, tenants and vendors are unlimited and never billed. See Pricing and seats.