Leases and agreements
Leases that hold every term you agreed
Each lease links a tenant to a unit and records what you agreed: base rent, security deposit, itemised monthly charges, the billing day, lock-in and notice periods and how electricity is charged. Invoices are built from it.
The problem it solves
Terms agreed on paper or over the phone get forgotten. When a tenant leaves, nobody is sure what the deposit was, how long the notice period is or which charges were included in the rent.
How it works in Nivasin
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Pick the tenant and unit
A lease ties one tenant to a room, bed or flat.
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Set the money
Base rent, security deposit and itemised monthly charges such as maintenance or cleaning.
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Set the terms
Start date, lease term, billing day, lock-in and notice periods, and any house rules you agreed.
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Renew or end it
Modify or renew a lease when the terms change, or terminate it when the tenant moves out.
What's included
- Base rent and security deposit
- Itemised monthly charges
- Electricity included in rent or as a fixed charge
- Lock-in and notice periods
- Leases expiring soon flagged
- Renew, modify or terminate
Common questions
Can I record the security deposit?
Yes. The deposit is recorded on the lease, and deposit receipts can also be entered in the ledger under their own category.
How do I know when a lease is ending?
Leases close to their end date are marked as expiring soon in the leases list, so you can renew them or plan the move-out in time.
Works together with
Tenant profiles
Each tenant's contact details, emergency contact, work details and payment standing in one profile.
Rent invoices and payments
Monthly invoices for every lease, and payments by cash, UPI, bank transfer, cheque or card recorded with receipts.
Properties, rooms and beds
PGs, hostels, co-living homes and flats set up as they really are, down to the bed, with occupancy for each.
See your own building in Nivasin
Tell us how many properties and beds you run, and we'll walk you through Nivasin using a setup that looks like yours, so you can judge it on your own numbers.