Creating an OREA Rental Agreement in Realti

Creating an OREA Rental Agreement in Realti

You can create OREA Rental agreement forms for residential and commercial leases. Use the Rental Agreement tab, and then click the button that applies to the type of agreement you require.
Info
Check out this article for information on how to access OREA forms within Realti.

Creating a Rental Agreement

The process you use to create a residential and commercial agreement is very similar. In the following example, you will create a commercial tenancy lease agreement.

InfoNote: If you have already created a tenancy in the Issues button and completed any of the fields in the New Tenancy popup, when you click the rental agreement form displays automatically with your completed information.

On the OREA Forms popup (available under the Documents section), click the Rental Agreements button. The screen will show two buttons (+ Residential Tenancy and + Commercial Tenancy). The first is for a residential tenancy, while the latter is for commercial tenancies.  If a tenancy is being completed as part of the transaction, you enter the tenancy information into the Issues List ( + next to the Issues heading) plus the further information requested here and can produce a lease in the document section of the OREA forms.


Click + Commercial Tenancy to begin creating a commercial tenancy. The applicable fields will appear for adding a commercial tenancy. Complete the required fields.

InfoTip: If you are creating a commercial agreement, the system defaults the short form. To use the long commercial form, on the commercial tenancy form popup, ensure you click the Longform (Form 510)? checkbox.


If you require more than 1 tenancy, click on + Residential Tenancy or + Commercial Tenancy (depending on which type is appropriate). This will add an additional tab underneath the two buttons. You are able to switch between the two (or more) tenancies, by clicking the appropriate tab. This is similar to when there is more than 1 mortgage on a file.

To create the commercial agreement on the OREA Forms popup, click on Forms, and then select Agreement to Lease - Commercial (Short From or Long Form as needed). The system will create and open the form as a PDF file.

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