Equipment Leases

What are equipment leases?

Occupier enables users to manage non-real estate leases, such as printers, cars, and manufacturing equipment. This can also include embedded leases. Equipment leases have inherently different characteristics from real estate leases, we have separated equipment leases from real estate leases within the lease administration module while still capturing equipment type, quantity, rent schedule, and clauses. 

How to use it

Step 1: Navigate to the “Equipment Leases” banner under Lease Administration

This screen summarizes your portfolio of equipment leases, including the number of leases, quantity of equipment, and current monthly total rent. If you want to see specific details for equipment leases, click on the individual lease hyperlink within the “Name” column, as shown below:

How to add an Equipment Lease to Occupier?

Step 1: Click on the green plus (+) symbol at the bottom right and select the 'Lease' option.

Step 2: Input your equipment lease information. 

Step 3: Under the assets section select "equipment lease" and fill out the "equipment details" field.
To note: You can create custom equipment types once the lease is created

Step 4: Finish the equipment lease record by adding "rent,", "additional rent" and "clauses."

Step 5: Now, your equipment lease is created in Occupier.