When creating a property in Propra, you will be asked to select a Property Type. The property type determines which accounting features, workflows, and management tools are available for that property.
Choosing the correct property type is important because it affects how the property is managed throughout the system.
Available Property Types
Rental
Rental properties are designed for traditional residential property management.
This property type allows you to:
Manage residential tenants and leases
Process residential rent payments
Use residential accounting workflows
Track maintenance requests and property expenses
Generate residential property management reports
Rental should be selected for most residential properties, including single-family homes, duplexes, apartment buildings, and portfolios of rental units.
Rental Properties with Commercial Units
If you manage a primarily residential property that contains a few commercial units, you should still select Rental as the property type.
Commercial units can be added individually within the property while maintaining residential accounting and management workflows for the overall property.
Commercial
Commercial properties are designed for office buildings, retail centers, industrial properties, mixed-use commercial properties, and other commercial real estate.
When a property is set as Commercial:
GST/HST accounting is automatically enabled where applicable
Commercial accounting workflows become available
Commercial accounting tasks are enabled
Common Area Maintenance (CAM) reconciliations can be completed
Commercial-specific reporting and accounting functions become available
Commercial properties should be selected when the property is being managed as a commercial real estate asset and requires commercial accounting processes.
Condo / Strata
Condo / Strata properties are designed for condominium corporations and strata corporations.
When a property is set as Condo / Strata:
The condominium corporation can be added as the property's owner
Individual unit owners can be managed separately
Unit owners can also be residents of their units
Owners can be moved out while retaining ownership if a tenant occupies the unit
Condo fees can be assessed and managed
Special levies can be created and tracked
Condo-specific accounting workflows become available
Board members can be added to the condo corporation owner portal
This property type is intended for organizations managing the condominium corporation itself, including the corporation's finances, owners, board members, and common property operations.
Important: Managing Individual Condo Units
Do not select Condo / Strata simply because a unit is located within a condominium building.
If you are managing one or several units on behalf of the individual owners rather than managing the condominium corporation, the property should be created as a Rental property.
Example:
Managing an entire condominium corporation → Condo / Strata
Managing three investor-owned condo units within a condominium building → Rental
The key distinction is whether you are managing the condominium corporation or individual unit owners.
Non-Profit
Non-Profit properties function similarly to Rental properties and provide the same residential management and accounting workflows.
The primary difference is related to tax treatment in Quebec.
When a property is designated as Non-Profit:
Residential accounting features remain available
Residential property management workflows remain available
50% of Input Tax Credit (ITC) credits can be claimed in Quebec
This property type should be used for non-profit housing organizations and housing providers that require this specific accounting treatment.
Choosing the Correct Property Type
Always select the property type that reflects how the property is actually being managed.
Scenario | Recommended Property Type |
Apartment building | Rental |
Single-family rental home | Rental |
Commercial office building | Commercial |
Retail plaza | Commercial |
Condominium corporation | Condo / Strata |
Managing individual condo units for investors | Rental |
Non-profit housing organization | Non-Profit |
Residential property with a few commercial units | Rental |
Selecting the correct property type ensures the appropriate accounting features, reporting tools, and management workflows are available from the start.