Enter a value that defines a location definition, such as Rentable or Useable, to utilize when running the Gross Lease Occupancy Refresh (R15141).
Base Area Type
realtor.com
Select the base location type for a record. The system will apply the accumulation of GLOA and GLA modifications to the base area type.
GLOA Adj 1 through GLOA Adj 5 (gross leaseable occupied location modification 1-5)
Enter user-defined codes from UDC table 15/AR that specify modifications to the base area type for gross leaseable occupied area (GLOA).
GLA Adj 1 through GLA Adj 5 (gross leasable area adjustment 1-5)
Enter user-defined codes from UDC table 15/AR that specifies changes to the base area type for gross leaseable location (GLA).
Program ID
The system displays one of the following values:
P15142: Specifies that the system added the record to the F15142 table from the P15142 program.
CONVERSION: Specifies that the system added the record to the F15142 table during a conversion.
Updating Gross Lease Occupancy Information
This area offers an introduction of the Gross Lease Occupancy Refresh program (R15141) and talks about how to:
- Run the Gross Lease Occupancy Refresh program.
- Set processing alternatives for Gross Lease Occupancy Refresh (R15141).
Understanding the Gross Lease Occupancy Refresh Program (R15141)
Run the Gross Lease Occupancy Refresh program (R15141) to compute gross lease occupied location (GLOA) and gross leasable location (GLA) for all systems in a structure or residential or commercial property for a specific duration. You can provide the information from the R15141 report to brokers who are looking for residential or commercial properties to rent and to landlords who can offer the information to prospective occupants.
When you run the R15141 program, the system:
- Uses the dates gone into in the processing choices to determine the time period, based on the lease dates, for which the computations use.
- Retrieves the GLOA value from the Lease Master Detail table (F15017).
- Retrieves the GLA worth from the Area Master table (F1514).
- Retrieves GLOA and GLA change worths from the Area Master table (F1514).
Processing options allow you to define how the system performs the calculations, as well as whether the computations should be performed for all lease statuses and lease types. You can also run the program for particular building (business unit) category codes to figure out tenancy for a group of structures (for example, the tenancy on A-rated residential or commercial properties).
You can run and save multiple versions of the R15141 program. For example, you can run the program using location worths from the very first of the month and then run the program once again utilizing location values from the end of the month. You can also run the R15141 program to get GLA and GLOA outcomes for a defined area meaning to guarantee a more precise denominator computation for share element denominator and occupant exclusion guideline estimations.
When you run the R15141 program, the system updates the Gross Lease Occupied Areas table (F15141). GLOA and GLA change location types specified in Area Definitions table (F15142) will be utilized to adjust the values for GLOA and GLA that are occupied in the F15141 table.
Note. You must run the Gross Lease Occupancy Refresh program (R15141) for cost involvement when utilizing the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) because these programs obtain values from the Gross Lease Occupied Areas table (F15141).
Running the Gross Lease Occupancy Refresh Program
Select Tenant & Lease Information (G1511), Gross Lease Occupancy Refresh.
Setting Processing Options for Gross Lease Occupancy Refresh (R15141)
Processing alternatives allow you to specify the default processing for programs and reports.
Options
1. Start Date For Generation and 2. End Date For Generation
Specify the start date or the ending date that the system utilizes to calculate gross leasable locations (GLA) and gross lease inhabited locations (GLOA), based upon the lease date.
3. Gross Lease Area Calculation Method
Specify an estimation method from UDC table 15/OM that identifies the occupied location for an unit. Values are:
1: Select location worths as of the first day of the month.
2: Select location values since the last day of the month.
3: Select location worths as of the 15th day of the month.
4: Select a typical area for the month. (Average = Total occupied area/ Days in the month.)
4. Refresh Action
Specify which actions happen when you run the Gross Lease Occupancy Refresh (R15141). Values are:
Blank: Delete and refresh (default). The system will delete records from the Gross Lease Occupancy Areas table (F15141) based upon the worth in the Deletion Method processing option. The system will then re-calculate tenancy.
1: Delete just. The procedure will end after the system deletes records from F15141.
Note. If you go into 1 in the Deletion Method processing option, you must still go into an estimation method and location definition to identify the records the systems selects for removal.
5. Deletion Method
Specify how records are picked for deletion from the Gross Lease Occupied Area table (F15141). Values are:
1: Delete records based on information selection, date variety, calculation method, and area meaning values in the processing alternatives.
2: Delete all records in the F15141 table.
6. Area Definition
Specify the area meaning to use to compute the occupied location for an unit.
The base area type is used to compute unadjusted location values for GLOA and GLA. If you enter modification area types for GLOA and GLA, the system will apply those location totals up to the unadjusted area values for GLOA and GLA.
7. Include Committed as Occupied
Specify whether an unit is inhabited or uninhabited for the time period from the dedication date to the lease start date. Values are:
Blank: The system is vacant.
1: The system is occupied.
Lease Status
Specify which rents to select for processing based on the lease status
1
Dealing With Gross Lease Occupancy Information
Hermelinda Llanas edited this page 6 days ago