Managing Leases on Hangar Direct

The platform handles multiple lease structures in one system:

• Short-term (transient/nightly): For overnight or multi-day stays. These are booked and paid through the marketplace with automated confirmation and check-in/check-out tracking.
• Long-term (monthly): For ongoing tenants with monthly agreements. The system tracks lease terms, renewal dates, and payment status.
• Ground leases: For tenants who own or build on leased land. The system tracks lease terms and compliance independently of hangar structure ownership.
• Multi-hangar leases: For operations like flight schools that occupy multiple hangars under a single agreement.

Both aviation and non-aviation leases are supported, with appropriate compliance tracking for each type.

Every lease in the system is monitored for key dates and milestones:

• Expiration alerts: The system flags leases approaching their end date so you can initiate renewal conversations early.
• Renewal tracking: When a lease is renewed or modified, the system updates the record and recalculates remaining term automatically.
• Termination handling: When a tenant vacates, the system updates the hangar status, clears compliance records for that tenant, and can notify the next person on the waitlist.

Track all lease payments in one centralized location:

• Record payments by method (check, electronic transfer, credit card, etc.).
• See at a glance which tenants have paid and which are overdue.
• View payment history by tenant, hangar, or time period.
• Generate financial reports for internal accounting or board presentations.

For transient bookings through the marketplace, payments are processed automatically through Stripe. For long-term leases, you can track payments made through any method.

The platform provides reporting capabilities designed for the audiences you report to:

• Vacancy reports: See which hangars are empty, how long they have been vacant, and the revenue impact.
• Expiring lease reports: View all leases expiring within a given timeframe to plan ahead.
• Financial summaries: Revenue breakdowns by lease type, location, and time period.
• One-click exports: Generate reports in formats suitable for board meetings, FAA compliance reviews, or internal audits.

Lease management is part of the Hangar Direct management platform. During onboarding, we migrate your existing lease records so you can start tracking immediately. Book a 15-minute demo to see how it fits your operation.