Lease24

    Generating a Lease with AI

    Overview

    Lease24 can generate a complete, jurisdiction-compliant lease agreement using AI. This is ideal when you need a professional lease quickly and do not have a template to start from.

    How to Generate

    1. Navigate to Leases > Add Lease

    2. Choose AI Generate

    3. Fill in the required details:

      • Property and Unit - Select from your existing properties
      • Tenant - Choose the tenant for the lease
      • Jurisdiction - Select the province (e.g., Ontario)
      • Start Date and End Date
      • Monthly Rent Amount
      • Any special terms you want included
    4. Click Generate Lease

    What Gets Generated

    The AI creates a full lease agreement that includes:

    • Parties (landlord and tenant details)
    • Property description and address
    • Lease term with start and end dates
    • Rent amount, due date, and payment terms
    • Security deposit terms
    • Maintenance responsibilities
    • Rules and regulations
    • Termination and renewal clauses
    • Province-specific legal requirements

    For Ontario leases, the generated content aligns with the Residential Tenancies Act (RTA) requirements.

    Reviewing the Generated Lease

    After generation, a preview appears showing the full lease text. You can:

    • Read through the entire document
    • Edit any section before saving
    • Regenerate if you want a different version

    Legal Disclaimer

    A warning is displayed with every AI-generated lease:

    This AI-generated lease agreement is provided as a starting point only. It should be reviewed by a qualified attorney familiar with local landlord-tenant laws before use. The landlord assumes all responsibility for ensuring legal compliance.

    Always have a legal professional review the generated lease before sending it to tenants.

    Saving the Lease

    Click Save as Draft to store the generated lease. From the Leases list, you can then:

    • Preview the document
    • Send it for e-signature
    • Edit terms before finalizing

    AI Credits

    Lease generation uses AI credits. Check your usage under Settings > AI Credits. If credits are exhausted, you will be prompted to upgrade your plan.