Dealing With Gross Lease Occupancy Information
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Enter a value 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 use the accumulation of GLOA and GLA modifications to the base location type.

GLOA Adj 1 through GLOA Adj 5 (gross leaseable occupied area modification 1-5)

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

Program ID

The system shows 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 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 goes over how to:

- Run the Gross Lease Occupancy Refresh program.

- Set processing choices for Gross Lease Occupancy Refresh (R15141).

Understanding the Gross Lease Occupancy Refresh Program (R15141)

Run the Gross Lease Occupancy Refresh program (R15141) to calculate gross lease inhabited area (GLOA) and gross leasable location (GLA) for all units in a structure or residential or commercial property for a given period. You can offer the details from the R15141 report to brokers who are seeking residential or commercial properties to rent and to property managers who can offer the info to potential occupants.

When you run the R15141 program, the system:

- Uses the dates gone into in the processing choices to figure out the period of time, based on the lease dates, for which the calculations use.

- 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 worths from the Area Master table (F1514).

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

You can run and store numerous versions of the R15141 program. For example, you can run the program using area worths from the very first of the month and then run the program once again utilizing area worths from completion of the month. You can also run the R15141 program to obtain GLA and GLOA outcomes for a specified area meaning to guarantee a more precise denominator estimation for share element denominator and tenant exemption rule calculations.

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

Note. You should 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) due to the fact that these programs recover 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 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 beginning date or the ending date that the system uses to calculate gross leasable locations (GLA) and gross lease inhabited locations (GLOA), based on 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 area values since the very first day of the month.

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

3: Select area values 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 revitalize (default). The system will delete records from the Gross Lease Occupancy Areas table (F15141) based upon the worth in the Deletion Method processing choice. The system will then re-calculate tenancy.

1: Delete just. The procedure will end after the system deletes records from F15141.
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Note. If you enter 1 in the Deletion Method processing option, you must still get in a calculation technique and area definition to figure out the records the systems selects for removal.

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 information selection, date variety, calculation approach, and area meaning worths in the processing options.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the area definition to use to determine the occupied location for an unit.

The base area type is used to calculate unadjusted area values for GLOA and GLA. If you go into change location types for GLOA and GLA, the system will apply those location amounts to the unadjusted location values for GLOA and GLA.

7. Include Committed as Occupied

Specify whether a system is inhabited or vacant for the time duration from the dedication date to the lease start date. Values are:

Blank: The unit is uninhabited.

1: The unit is occupied.

Lease Status

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