Enter a value that defines a location definition, such as Rentable or Useable, to use when running the Gross Lease Occupancy Refresh (R15141).
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Base Area Type

Select the base location type for a record. The system will apply the build-up of GLOA and GLA adjustments to the base area type.

GLOA Adj 1 through GLOA Adj 5 (gross leaseable occupied location adjustment 1-5)

Enter user-defined codes from UDC table 15/AR that specify modifications to the base location type for gross leaseable occupied area (GLOA).

GLA Adj 1 through GLA Adj 5 (gross leasable location adjustment 1-5)

Enter user-defined codes from UDC table 15/AR that specifies modifications to the base location type for gross leaseable location (GLA).

Program ID

The system displays one of the following worths:

P15142: Specifies that the system included the record to the F15142 table from the P15142 program.

CONVERSION: Specifies that the system included the record to the F15142 table throughout a conversion.

Updating Gross Lease Occupancy Information

This section provides an overview 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 area (GLA) for all units in a structure or residential or commercial property for a specified period. You can supply the info from the R15141 report to brokers who are seeking residential or commercial properties to lease and to landlords who can offer the info to prospective tenants.

When you run the R15141 program, the system:

- Uses the dates entered in the processing choices to determine the duration of time, based on the lease dates, for which the computations apply.

- Retrieves the GLOA worth from the Lease Master Detail table (F15017).

- Retrieves the GLA worth from the Area Master table (F1514).

- Retrieves GLOA and GLA adjustment values from the Area Master table (F1514).

Processing choices enable you to specify how the system carries out the computations, in addition to whether the calculations ought to be carried out for all lease statuses and lease types. You can also run the program for specific building (company system) category codes to determine tenancy for a group of buildings (for example, the occupancy on A-rated residential or commercial properties).

You can run and keep multiple variations of the R15141 program. For instance, you can run the program utilizing location values from the first of the month and then run the program again utilizing location values from completion of the month. You can likewise run the R15141 program to acquire GLA and GLOA results for a specified location meaning to ensure a more precise denominator estimation for share aspect denominator and occupant exemption guideline estimations.

When you run the R15141 program, the system updates the Gross Lease Occupied Areas table (F15141). GLOA and GLA adjustment area types specified in Area Definitions table (F15142) will be used to adjust the values for GLOA and GLA that are occupied in the F15141 table.

Note. You need to run the Gross Lease Occupancy Refresh program (R15141) for expenditure involvement when utilizing the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) due to the fact that these programs retrieve 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 choices 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 compute gross leasable locations (GLA) and gross lease occupied locations (GLOA), based on the lease date.

3. Gross Lease Area Calculation Method

Specify a calculation technique from UDC table 15/OM that determines the occupied area for a system. Values are:

1: Select area worths as of the very first day of the month.

2: Select area worths since the last day of the month.

3: Select location values since the 15th day of the month.

4: Select an average area for the month. (Average = Total occupied location/ Days in the month.)

4. Refresh Action

Specify which actions take place 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 alternative. The system will then re-calculate tenancy.

1: Delete just. The procedure will end after the system erases records from F15141.

Note. If you enter 1 in the Deletion Method processing alternative, you need to still get in an estimation approach and location definition to determine the records the systems chooses for removal.

5. Deletion Method

Specify how records are picked for removal from the Gross Lease Occupied Area table (F15141). Values are:

1: Delete records based on information choice, date range, estimation approach, and location definition worths in the processing choices.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the location meaning to use to determine the occupied location for an unit.

The base area type is utilized to compute unadjusted area values for GLOA and GLA. If you enter modification area types for GLOA and GLA, the system will apply those area amounts to the unadjusted location values for GLOA and GLA.

7. Include Committed as Occupied

Specify whether a system is occupied or uninhabited for the time duration from the commitment date to the lease begin date. Values are:

Blank: The unit is vacant.

1: The unit is occupied.

Lease Status

Specify which rents to select for processing based on the lease status