Enter a value that defines a location definition, such as Rentable or Useable, to utilize when running the Gross Lease Occupancy Refresh (R15141).

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 location 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 changes to the base location type for gross leaseable occupied area (GLOA).

GLA Adj 1 through GLA Adj 5 (gross leasable location adjustment 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 shows among the following worths:

P15142: Specifies that the system added 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 an introduction 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 calculate gross lease inhabited area (GLOA) and gross leasable location (GLA) for all units in a structure or residential or commercial property for a specific period. You can supply the information from the R15141 report to brokers who are seeking residential or commercial properties to rent and to property owners who can provide the information to prospective 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 on the lease dates, for which the computations use.

- Retrieves the GLOA worth from the Lease Master Detail table (F15017).

- Retrieves the GLA value from the Area Master table (F1514).

- Retrieves GLOA and GLA adjustment values from the Area Master table (F1514).

Processing options allow you to define how the system performs the calculations, in addition to whether the estimations ought to be carried out 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 buildings (for instance, the tenancy on A-rated residential or commercial properties).

You can run and store multiple versions of the R15141 program. For instance, you can run the program utilizing location worths from the first of the month and then run the program once again utilizing area values from completion of the month. You can also run the R15141 program to obtain GLA and GLOA results for a specified area definition to make sure a more precise denominator computation for share element 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 adjust 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 expense involvement when utilizing the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) because 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 choices 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 compute gross leasable areas (GLA) and gross lease inhabited areas (GLOA), based on the lease date.

3. Gross Lease Area Calculation Method

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

1: Select area values since the first day of the month.

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

3: Select area worths 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 happen when you run the Gross Lease Occupancy Refresh (R15141). Values are:

Blank: Delete and revitalize (default). The system will erase records from the Gross Lease Occupancy Areas table (F15141) based upon 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 deletes records from F15141.

Note. If you go into 1 in the Deletion Method processing option, you must still go into an estimation technique and area definition to identify the records the systems selects for removal.

5. Deletion Method

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

1: Delete records based on data choice, date variety, calculation technique, and area definition values in the processing choices.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the area meaning to utilize to calculate the occupied area for a system.

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

7. Include Committed as Occupied

Specify whether a system is inhabited or uninhabited for the time period from the commitment date to the lease begin date. Values are:

Blank: The unit is uninhabited.

1: The system is inhabited.

Lease Status

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