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Settlement Agreements

Need a way to track a payment schedule that is part of a case settlement? We’ve got you covered!

PropertiFlow supports creating payment schedules for cases, letting property management and law firms to set and track payments.

Creating a Settlement Agreement

Payment schedules can only be built by law firms, but can be edited by either property managers or law firms. Firms will be updating the status of the case and can indicate the next steps.

Set a case outcome as either ‘Pay and Stay’ or ‘Pay and Leave’ in order to show the payment schedule builder.

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A lease can also be set back to ‘Active’ status if the tenant has agreed to complete the payments and stay in the property.

Under Create Payment Schedule, enter the Amount Due and the Due Date for the payment. Payment Numbers are set by default. Once you have set the amount and due date, click on the blue check box to save the payment.

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You can add as many payments as you want to a schedule.

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Payments cannot be edited once saved. In order to fix a payment, click the delete icon. Then select “Add Additional Payment” to enter the correct payment amount and due date.

Once the list of payments has been entered, click Save to save the settlement agreement to the case.

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Updating Payment Schedule

Mark Payment as ‘Received’

To mark a payment as received:

  1. Navigate to the case for which the payment was received
  2. Scroll down to the payment schedule section of the case
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If you do not see the Payment Schedule Section, please contact your law firm and ensure that the case has been marked as either ‘Pay and Stay’ or ‘Pay and Leave.’
  1. Click on the blue checkbox to change the status of the payment to ‘Received’
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Mark Payment Schedule as ‘Completed’

Once all payments have been received, a payment schedule can be marked as Completed.

To change the status to complete:

  1. Navigate to the case for which the payment was received
  2. Scroll down to the payment schedule section of the case
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If you do not see the Payment Schedule Section, please contact your law firm and ensure that the case has been marked as either ‘Pay and Stay’ or ‘Pay and Leave.’
  1. At the bottom of the list of payments, click ‘Mark as Complete’ and confirm that all payments have been accounted for.

Mark Payment as ‘Not Received’

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Marking a payment as not received will set the status of the payment schedule as ‘In Default.’ This action cannot be undone, and will notify users of the default.

To mark a payment as NOT received:

  1. Navigate to the case for which the payment was received
  2. Scroll down to the payment schedule section of the case
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If you do not see the Payment Schedule Section, please contact your law firm and ensure that the case has been marked as either ‘Pay and Stay’ or ‘Pay and Leave.’
  1. Click on the red box to change the status of the payment to ‘ Not Received’ and mark the settlement agreement as ‘In Default.’
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Editing Payment Schedules

To edit a payment schedule, simply navigate to the schedule of choice and click “Edit” in the top right corner. This will take you back to the schedule builder.