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No deposit set and no rent collection set up
No deposit set and no rent collection set up

Overview

You have the option to initiate a cancellation on Concurrent for tenancies that have been fully signed. This is a Concurrent feature that allows you to free up the rooms or property on the system in order to create a new tenancy. 
Once cancelled, a new tenancy can be created for the rooms or property from the effective cancellation date. 

 A cancellation can be initiated if the tenancy:  

  • Is fully signed. 

  • Has an end date in the future. 

  • Is not in the process of being replaced. 

  • Does not have a pending Deed of Assignment. 

  • Does not have a pending room change. 

You can stop the cancellation at any point up until the last tenant accepts or you release the rooms from the tenancy.