ZINC CONTRACTS


You set the conditions, Zinc will take care of the rest

  • Zinc will create a contract every time you set a fee or deposit

  • All the conditions of your contracts will be executed seamlessly by Zinc

  • Every transaction is backed by blockchain technology to guarantee transparency

  • Let Zinc smart contracts handle all your deposit refunds automatically

  • Get access to detailed transaction reports with Zinc authenticity verifications



1. Look for your property

First, go to properties and choose the property you want to begin with. The property profile and look for the Contracts Button. Click on this button to access the Contract Creation Panel.




2. Set up a Smart Contract

Access the property profile and click on the Smart Contracts button. This button will open the Smart Contract Creation Panel.



 

3. Add a new contract

If this is the first time creating a contract, you will need to click on the Add Contracts button.




4. Choose the type of contract

For this screen, you can now choose the type of contract you want to set up for your property. There are two types of contracts.



Standard Fee:

It is a one-time transaction; the association can charge any type of fee. Here, you can also create recurring fees, such as parking or landscaping, if necessary. 

Deposits:

A deposit is an amount of money held by the association as a guarantee to cover any damages that could happen during the contract period. Once the refund date is set up, the smart contract will automatically transfer the money back to the original destination bank account provided by the tenant.


5. Choose the type of contract

  • Set all the conditions of your smart contract by selecting the following options:

  • Application type for guest, lease, purchase, and existing resident. 

  • Choose the type of fee you want to charge from the list.

  • Set the amount to be charged.

  • You can set up the contract as a one-time or recurring fee.

  • If you choose a recurring fee, now set the frequency for the money to be collected.

 


Recurring Fee Sample

This is an example of a typical recurring fee contract.



Execute from the contract date.

If this option is selected, the amount shown will be processed when the user activates the smart contract.



Deposit Sample

This is an example of a typical deposit contract.


Refund after the date

Here, you can set the duration for the money to be held. You can choose a period of weeks, months, or years.




6. Review and Create the Contract

After you’ve set all the terms of your new smart contract, a summary will appear for you to review before you click Create Contract.



After creating your contract, you can access it by clicking on the Smart contracts button. From here, you can manage all your new and existing contracts.



Need help?

  • Email: support@zinc.tech

  • Chat: Inside the Zinc dashboard, in the bottom-right corner (Need Help?)

  • Phone: 954.271.3294