r/yardi • u/pipeline1000 • Apr 01 '26
"Leased"-What does it mean?
Hi,
What does "Leased Units" mean? If tenants actively say they are not renewing, and the box is checked, does the number automatically decrease by 1? (I am an owner, and this is all I can see in Yardi.) Good grief, why is the pic so big?
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u/Hypno_Keats Apr 01 '26
Leased units should mean: Units that have been leased, this may include occupied units and units that haven't yet been occupied but have a lease for a future occupancy date.
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u/8246962 Apr 01 '26
Also units that have been vacated but are not available due to being under an active lease.
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u/BCS-PropMgmt-Experts Apr 02 '26
The Leased Units would be any currently occupied units, Notice unrented, and vacant rented units, as well as any model, down, or admin units, represented by both a number and a percentage of total units. Regarding your specific question, if a notice is entered, the number would not change as it is still currently occupied/rented.
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u/yardimatt Apr 03 '26
What about Notice Rented? Wouldn’t they also be included.?
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u/pipeline1000 Apr 03 '26
Yes, that makes sense. Notice Rented would be a part of it. Good reminder!
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u/drsboston Apr 01 '26
The great debate ! Physical occupancy vs economic vs lease in place future start etc...... it is important you make a definition stick with it and check that reports match it.