Hemlane is proud to offer our Beta Split Rent Rule which is designed for rent payments to be automatically dispersed between two owners’ bank accounts or a property manager’s and owner’s bank account. Split Rent Rules can be either a fixed amount or a percentage. Please read below for instructions on how to create a new Split Rent Rule.
To test our Beta Split Rent Rules please email us at email@example.com to get access to this feature in your account.
Please note: Late fees cannot be split and go to the payee listed in the original rent request.
To create a new Split Rent Rule:
Step 1: Click into your Financials tab from your left side main panel
Step 2: Select [Settings] and select "Set Split Rules" from the drop-down
Step 3: Select [ +New Split] to create a new Split Rent Rule
Step 4: Fill out the form from top to bottom, using the drop-down menus to make any selections or changes needed
Step 5: Click [Create]
The split rent rule will appear within your Transaction Split Rule Settings once a rent transaction has been created for the property:
For more information on this topic, please visit these articles:
- How do I edit or delete a Split Rent Rule?
- Why does my Split Rent Rule state "There are currently no active rent requests"?
keywords: split rent, split rent rule, split rent between, split payments, split payment