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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
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Select the base location type for a record. The system will use 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 define changes to the base area type for gross leaseable occupied area (GLOA).
GLA Adj 1 through GLA Adj 5 (gross leasable location modification 1-5)
Enter user-defined codes from UDC table 15/AR that defines modifications to the base location type for gross leaseable area (GLA).
Program ID
The system shows among 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 during a conversion.
Updating Gross Lease Occupancy Information
This area supplies a summary of the Gross Lease Occupancy Refresh program (R15141) and talks about how to:
- Run the Gross Lease Occupancy Refresh program.
- Set processing options 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 area (GLOA) and gross leasable area (GLA) for all units in a building or residential or commercial property for a given duration. You can offer the info from the R15141 report to brokers who are looking for residential or commercial properties to rent and to proprietors who can offer the details to prospective renters.
When you run the R15141 program, the system:
- Uses the dates gone into in the processing options to determine the amount of time, based upon the lease dates, for which the computations use.
- Retrieves the GLOA value from the Lease Master Detail table (F15017).
- Retrieves the GLA value from the Area Master table (F1514).
- Retrieves GLOA and GLA adjustment worths from the Area Master table (F1514).
Processing choices allow you to specify how the system carries out the computations, in addition to whether the estimations should be performed for all lease statuses and lease types. You can likewise run the program for particular building (business unit) category codes to determine occupancy for a group of structures (for example, the occupancy on A-rated residential or commercial properties).
You can run and save numerous variations of the R15141 program. For instance, you can run the program utilizing area worths from the first of the month and after that run the program again utilizing location worths from completion of the month. You can also run the R15141 program to get GLA and GLOA results for a defined area meaning to guarantee a more precise denominator computation for share element denominator and tenant exclusion guideline computations.
When you run the R15141 program, the system updates the Gross Lease Occupied Areas table (F15141). GLOA and GLA change area types defined in Area Definitions table (F15142) will be used 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 involvement when using the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) since 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 options 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 beginning date or the ending date that the system utilizes to determine gross leasable areas (GLA) and gross lease inhabited locations (GLOA), based upon the lease date.
3. Gross Lease Area Calculation Method
Specify an estimation technique from UDC table 15/OM that identifies the occupied location for a system. Values are:
1: Select area worths since the very first day of the month.
2: Select area worths as of the last day of the month.
3: Select area values since the 15th day of the month.
4: Select a typical location 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 refresh (default). The system will erase records from the Gross Lease Occupancy Areas table (F15141) based on the value in the Deletion Method processing option. The system will then re-calculate tenancy.
1: Delete just. The process will end after the system deletes records from F15141.
Note. If you enter 1 in the Deletion Method processing choice, you should still get in an estimation technique and area definition to identify the records the systems selects 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 on information selection, date variety, computation 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 calculate the occupied area for an unit.
The base location type is utilized to compute unadjusted location worths for GLOA and GLA. If you go into modification area types for GLOA and GLA, the system will apply those location totals up to the unadjusted area worths for GLOA and GLA.
7. Include Committed as Occupied
Specify whether an unit is occupied or uninhabited for the time duration from the dedication date to the lease start date. Values are:
Blank: The unit is uninhabited.
1: The system is .
Lease Status
Specify which rents to choose for processing based on the lease status
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