Want a lease to automatically switch to month-to-month after the initial term ends? No problem—just follow the steps below! 🙌
By using the + Schedule New Lease Charges option, you can set up a secondary lease term that continues on a month-to-month basis. 🏠📅
📝 Step 1: Set Up the Initial Lease Term
On your RentRedi dashboard, click the Add Charge or Lease+ button on the Rent tab
Choose Lease/Rent as the charge type
Select the Property Address and Unit
Set Rental Income as the “Book To” value, and review the charge description
Click Continue
Confirm the tenants (Only selected tenants will see and pay these charges)
Click Continue again
Enter:
Rent Amount
Lease Start Date
Lease End Date
🔁 Step 2: Set Up the Month-to-Month Lease
Click + Schedule New Lease Charges
This copies the initial rent setup and continues the schedule after the lease ends
On the new lease schedule:
Check the box for Month-to-Month under Lease Ends
(Optional) Update the rent amount or apply a rent increase 📈
Set the monthly charge due date
Click Continue
Review the charges under Edit and Save,
Then click Save once finished 🎉
⏱️ What Happens Next?
After the initial lease term, the Month-to-Month feature will create a new rent charge every month, 21 days prior to the due date for the charge, and will auto-renew until the lease is deleted or an end date is set.
💬 Need any help?
RentRedi Chat Support is available 24/7! Access our Live Chat via the chat bubble in the bottom right corner of the RentRedi dashboard.