Tenant & Lease Management Software

One of the primary features of property management software is administration of tenant and lease information. Designed specifically for property management companies, tenant and lease management systems supports the landlord in screening applicants, tracking payments, and recording relevant information for each resident as well as for each unit, saving time and money and increasing effectiveness in managing the property. This software also automates financial transactions, increasing efficiency and accuracy of the process.

Specific features of this software include:

Tenant screening The first step of the process, many software vendors' programs allow tenants to apply online and conduct online background checks to verify credit history, rental history, and income.
Lease management Property management software solutions store all relevant lease information, including tenant contact information, lease expiration notices, late fee reminders, appliance conditions, work order history, and vehicles. The information is easy to recall at any time, and the database can be mined for hundreds of relevant reports.
Payment intake & management Track receipts and payments, including rent and utilities, subleases, real estate taxes, property insurance, and payroll. You can also tie payments to the correct unit for a permanent record, as well as automatically calculate annual rent increases.
Common area management Calculate common area charges and track maintenance, policies, and usage as desired.
For additional reviews and comparisons of tenant management tools, read the full property management software buyer’s guide.

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Property Management Software Buyer's Toolkit

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Top 10 Most Recommended Systems

Yardi Voyager

Simplify the entire leasing and managing process. Yardi Voyager delivers single-system management with features like electronic payment and invoice processing, integrated utility billing, resident screening, and more.

Propertyware

With Propertyware's web-based software, you can meet the demands of both tenants and property owners. A specialized portal enables owners to track properties, while tenants can pay and submit work orders online.

Buildium

A leader in online property management software, Buildium makes it easy to keep up with multiple properties from a single interface. Accept online payments, advertise rental listings, track property maintenance, and more.

AppFolio Property Manager

From vacancy and rent tracking to automatic bill posting and customized reports, AppFolio Property Manager includes all the tools needed to support property owners and tenants. Available for monthly fee in web-based delivery.

Point2 Property Manager (formerly DIY Real Estate Solutions)

Available in a user-friendly web format, Point2 Property Manager (formerly DIY) helps simplify all facets of tenant management. From tracking payments and lease renewals to maintenance requests and tenant move-in/out.

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Total Management

Total Management is a Web-based system with applications for tenant management, building maintenance, accounting, CRM and more. It is a strong fit for medium/large organizations that manage apartments, retail, mixed-use and more.

Spectra

Built upon the familiar Windows platform, Spectra property management software is perfect for diverse portfolios that include multi-unit residential, commercial, condo, or office properties. Can also handle HOA management.

Property Boulevard

Simplify property management with Property Boulevard's complete solution. Can handle commercial and residential portfolios to track properties, collect payments, pay bills, distribute legal notices, and run reports.

SKYLINE Software

SKYLINE delivers an integrated accounting and customer relationship management solution for managing commercial, industrial, or residential properties. Includes general ledger, A/R, online payment portal, lead tracking, and more.

Rent Manager

Filling vacancies is key to ongoing success, which is why we like Rent Manager's online marketing features. Integrates with the property's existing web site. And delivers full accounting and financial reporting functionality.

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Ten Steps To Selecting Property Management Software

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Residential Property Management Software Comparison

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