Enter a value that defines a location meaning, 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 changes 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 area type for gross leaseable occupied area (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 adjustments to the base area type for gross leaseable location (GLA).

Program ID

The system displays one of 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 during a conversion.

Updating Gross Lease Occupancy Information

This section provides an overview of the Gross Lease Occupancy Refresh program (R15141) and discusses 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 specified duration. You can supply the details from the R15141 report to brokers who are seeking residential or commercial properties to rent and to landlords who can supply the details to prospective tenants.

When you run the R15141 program, the system:

- Uses the dates entered in the processing alternatives to determine the amount of time, based on the lease dates, for which the estimations apply.

- 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 modification worths from the Area Master table (F1514).

Processing choices enable you to specify how the system carries out the calculations, 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 (business system) classification codes to identify tenancy for a group of structures (for instance, the occupancy on A-rated residential or commercial properties).

You can run and keep multiple versions of the R15141 program. For example, you can run the program using area values from the very first of the month and then run the program again utilizing location values from the end of the month. You can likewise run the R15141 program to obtain GLA and GLOA outcomes for a defined area meaning to make sure a more accurate denominator calculation for share factor denominator and renter exclusion guideline computations.

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

Note. You need to run the Gross Lease Occupancy Refresh program (R15141) for cost involvement when using the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) since these programs retrieve 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 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 uses to calculate gross leasable areas (GLA) and gross lease inhabited areas (GLOA), based on the lease date.

3. Gross Lease Area Calculation Method

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

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

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

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

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

4. Refresh Action

Specify which actions occur 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 value in the Deletion Method processing option. The system will then re-calculate tenancy.

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

Note. If you get in 1 in the Deletion Method processing choice, you must still get in a calculation technique and area definition to figure out the records the systems picks 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 selection, date variety, calculation approach, and area definition worths in the processing choices.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the area definition to use to compute the occupied area for a system.

The base area type is utilized to calculate unadjusted area worths for GLOA and GLA. If you get in change 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 inhabited or vacant for the time period from the commitment date to the lease begin date. Values are:

Blank: The system is vacant.

1: The system is occupied.

Lease Status

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