Invoice to Guarantors

This feature enables you to send copies of invoices to guarantors of commercial properties so that you can receive payment from the guarantors if the tenant defaults.

Configuration

Click Admin > General Settings > General tab and tick Require a Tenant Guarantor on Commerical Properties By Default. This defaults the checkbox on the Tenancy > Guarantors tab to require guarantors on commercial properties when Commercial is selected in the unit Usage dropdown list.

When a guarantor is required, at least one guarantor must be filled in on the Tenancy > Guarantors tab in order to save the form.

  • The guarantor Address is a required field in the Tenant Guarantor contact details form.
  • If the user unchecks Correspondence to Postal Address, the home address is required.

If the guarantor section remains required on the Tenancy tab, a copy of the rent demand will be printed (if the lease is set to print or email the rent demand) for the guarantor and the Notice of Intent will open in Word for the user to edit and print as necessary.

The following merge fields are available on the Notice of Intent document template:

  • guarantor name
  • guarantor address
  • property address
  • unit address
  • lease date
  • current date (date letter of intent is generated)
  • company name
  • company address

Introduced in version 2017.11.14.4503 released on 29/11/2017

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