Landlords

LandlordMax can support multiple property owners per Building in its database. In the software they are called “Landlords” for simplicity. Depending on your situation, that is to say if you’re a property management company vs an individual landlord, you will then probably want to create the landlords for your buildings and associate them to their respective buildings. If you are an individual landlord you can create the landlord entry but it’s probably not necessary.

A property owner (landlord) can own multiple buildings, as well multiple people can own a single building. For reporting functionality, it is also possible to assign the percentage of ownership to the individual landlords for each property.

Please note that although we are only showing how to add a single landlord that the process to add more buildings is the same, as well as is the process to add more Landlords to a Building. You will also find a similar Buildings sub section under the Landlord.

Create a Landlord

To create a Landlord go to the Landlords section by first clicking on the People & Companies  menu button in the main menu at the top of the screen followed by Landlords .

In the Landlords section you then click New in the menu on the right side.

In the pop-up box, select the type of Landlord as Individual owner or Company. Once you have confirmed the type of landlord, press Ok .

In this example Individual Owner was selected which means we’re presented with a data entry screen with fields for an individual person versus a company. We can then enter in the information for the Landlord.

Once we are happy with the details we entered for the Landlord we can then click on the Save button which will then save the new Landlord and bring us to the Data View of the Landlord.

Add a Building

Below the main Data View you will find a list of SubPanels. The SubPanels are lists of all the associated data for the main data, which in this case means that the SubPanels are all the lists of data associated with the Landlord such as the lists of Buildings they own, any Documents associated with the Landlord, and so on. Each SubPanel can be expanded by clicking on the + button and in our case we’ll click on the + button for the Buildings.

Clicking on the + button will show the list of Buildings that the Landlord owns. In this case since it’s a new Landlord the list of Buildings will empty (if you wish to learn more about how the Data Filters work then we recommend this video).

Once in the Buildings SubPanel click on the Add button to add a new Building to the Landlord.

After clicking on the Add button you will be presented with the Building Association popup window. Select the Building, which in this case is the building Oxford Apartments that was created earlier . Next enter in the ownership percentage . Lastly click on the Add button to add the Building to the Landlord .

The Landlord and Building have now both been entered and the Landlord owns the Building

Updated on October 16, 2024
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