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LiftAI uses a few core terms throughout the app. Knowing them makes the Portfolio, Tickets, and other sections easier to read.

Property

A property is any building or structure that houses one or more elevators — for example an apartment complex, an office tower, a hotel, or a warehouse. Properties are the top level of organization in your Portfolio; tickets, contracts, invoices, and compliance records all roll up to a property.

Elevator (car)

An elevator — also called a car — is a single unit that carries passengers or goods between floors. LiftAI uses “elevator” and “car” interchangeably. Each property has one or more elevators.

Bank

A bank is a group of elevators that operate together within one property, often serving a particular zone or set of floors. A large building may have several banks.

Other terms you’ll see

  • Ticket — a record of a service visit, repair, or callback on an elevator.
  • Contract — a service agreement between a property and an elevator service company that covers maintenance and repairs.
  • Invoice — a bill from a service company for work done; reviewed under Spending.
  • Compliance — certificates, inspections, and violations that keep elevators within safety and regulatory requirements.
These terms relate to each other directly: a property contains elevators (cars), which may be organized into banks, and the service of those elevators is governed by contracts and recorded as tickets and invoices.