What are "Tenant Profiles" used for in Argus Enterprise?

"Tenant Profiles" in Argus Enterprise are primarily utilized for recording lease terms and rent payments. This functionality allows property managers and stakeholders to maintain comprehensive information about each tenant, including details such as the specific provisions of their lease agreements, payment history, and any associated critical dates.

Accurate tenant profiles are essential for managing the financial performance of a property, as they help in forecasting revenue and understanding cash flows. By having all this information integrated within the system, users can also streamline lease administration tasks, provide timely renewals, and ensure compliance with lease terms. This capability aids in effective property management by keeping track of occupancy, rent escalation clauses, and any tenant obligations that may affect the overall asset performance.

While options like tracking property maintenance schedules, evaluating market trends, or managing construction projects may relate to property management, they are not the primary function of tenant profiles, which specifically focus on lease-related data.