What you should know about creating your lease

Creating your lease on Elev is a quick five step process that should take you minutes. It's as easy as:

• Selecting from a drop down menu,

• Adding payments,

• Verifying host and student information,

• Adding an additional clause

• Editing your lease

Selecting:

1. The lease start and end dates

2. The date you'd like to receive rent

3. The payment frequency of rent, bi-weekly or monthly

Please be aware that the user interface might undergo changes throughout the product's development.

Adding payments:

1. Add the Rent per month/ pay period

2. Late rent fee (if this is not required, we suggest typing $0)

3. Security or damage deposit

Verifying:

Your personal (Host) information, the student's details, and the utilities and furnishings included in the student's rent. These details will be pre-filled, you just have to ensure the right information is filled in, and can make any changes that are needed.

Additional Clause:

Lastly, in the Additional terms section, you can add any special rules or requirements that you and the student have discussed . This will become part of the lease the student signs.

Editing your lease

Once you click submit, your lease will be received by the prospective tenant applicant for their signature. However, you can edit the lease details before the student signs it. Scroll to the bottom of your home page to find the unsigned lease and click Make changes to lease. Once the lease is updated, click submit to apply the changes made.

Please be aware that the user interface may undergo changes throughout the product's development.

Once your student tenant signs your lease, payments can now be paid through the app for you to receive. Ensure you've selected your payment method to receive payment.