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Enter a worth that defines an area definition, such as Rentable or Useable, to utilize 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 accumulation of GLOA and GLA modifications to the base area type.

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

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

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

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

Program ID

The system displays among the following values:

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

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

Updating Gross Lease Occupancy Information

This area provides an introduction of the Gross Lease Occupancy Refresh program (R15141) and goes over 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 inhabited location (GLOA) and gross leasable area (GLA) for all units in a structure or residential or commercial property for a given duration. You can provide the info from the R15141 report to brokers who are looking for residential or commercial properties to lease and to property owners who can offer the details to potential renters.

When you run the R15141 program, the system:

- Uses the dates gone into in the processing alternatives to figure out the amount of time, based upon the lease dates, for which the estimations 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 modification values from the Area Master table (F1514).

Processing options enable you to define how the system performs the estimations, along with whether the calculations should be carried out for all lease statuses and lease types. You can likewise run the program for specific building (company system) classification codes to identify tenancy for a group of buildings (for instance, the occupancy on A-rated residential or commercial properties).

You can run and save numerous versions of the R15141 program. For circumstances, you can run the program using location values from the first of the month and then run the program once again area worths from completion of the month. You can also run the R15141 program to obtain GLA and GLOA outcomes for a defined location definition to make sure a more accurate denominator calculation for share factor denominator and renter exemption guideline computations.

When you run the R15141 program, the system updates the Gross Lease Occupied Areas table (F15141). GLOA and GLA modification area types defined in Area Definitions table (F15142) will be utilized to change the values for GLOA and GLA that are populated in the F15141 table.

Note. You need to run the Gross Lease Occupancy Refresh program (R15141) for expense participation when using the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) since these programs recover worths 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 options allow you to define 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 uses to determine gross leasable areas (GLA) and gross lease occupied areas (GLOA), based upon the lease date.

3. Gross Lease Area Calculation Method

Specify a computation method from UDC table 15/OM that identifies the occupied location for a system. Values are:

1: Select location worths since 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 take place when you run the Gross Lease Occupancy Refresh (R15141). Values are:

Blank: Delete and revitalize (default). The system will delete records from the Gross Lease Occupancy Areas table (F15141) based on 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 erases records from F15141.

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

5. Deletion Method

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

1: Delete records based upon data choice, date variety, calculation method, and location 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 a system.

The base location type is used to determine unadjusted location values for GLOA and GLA. If you get in adjustment area types for GLOA and GLA, the system will use those location totals up to the unadjusted location values for GLOA and GLA.

7. Include Committed as Occupied

Specify whether an unit is occupied or vacant for the time duration from the commitment date to the lease start date. Values are:

Blank: The unit is vacant.

1: The unit is occupied.

Lease Status

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