Enter a worth that specifies an area 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 area 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 area modification 1-5)

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

GLA Adj 1 through GLA Adj 5 (gross leasable area 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 added 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 offers a summary 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 inhabited area (GLOA) and gross leasable location (GLA) for all systems in a building or residential or commercial property for a specified duration. You can provide the info from the R15141 report to brokers who are seeking residential or commercial properties to lease and to property owners who can offer the details to prospective tenants.

When you run the R15141 program, the system:

- Uses the dates gone into in the processing options to determine the time period, 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 change worths from the Area Master table (F1514).

Processing choices enable you to specify how the system performs the estimations, along with whether the estimations need 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 multiple variations of the R15141 program. For example, you can run the program utilizing area values from the first of the month and after that run the program again utilizing area worths from the end of the month. You can likewise run the R15141 program to obtain GLA and GLOA results for a specified location meaning to guarantee a more accurate denominator computation for share element denominator and renter exclusion rule calculations.

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

Note. You need to run the Gross Lease Occupancy Refresh program (R15141) for expense involvement when utilizing the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) since 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 alternatives 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 utilizes to calculate gross leasable locations (GLA) and gross lease occupied areas (GLOA), based on the lease date.

3. Gross Lease Area Calculation Method

Specify a calculation technique from UDC table 15/OM that identifies the occupied area for an unit. Values are:

1: Select location worths since the very first day of the month.

2: Select area values as of the last day of the month.

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

4: Select a typical location 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 revitalize (default). The system will delete records from the Gross Lease Occupancy Areas table (F15141) based on the value in the Deletion Method processing choice. The system will then re-calculate tenancy.

1: Delete just. The process will end after the system deletes records from F15141.

Note. If you get in 1 in the Deletion Method processing alternative, you need to still go into a calculation method and area meaning to determine the records the systems picks for deletion.

5. Deletion Method

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

1: Delete records based on information selection, date variety, estimation approach, and location meaning values in the processing alternatives.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the area definition to utilize to compute the occupied location for a system.

The base area type is used to calculate unadjusted area worths for GLOA and GLA. If you go into modification location types for GLOA and GLA, the system will use those area totals up to the unadjusted area values for GLOA and GLA.

7. Include Committed as Occupied

Specify whether a system is occupied or vacant for the time period from the dedication date to the lease begin date. Values are:

Blank: The unit is vacant.

1: The system is .

Lease Status

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