Enter a worth that specifies a location definition, such as Rentable or Useable, to use when running the Gross Lease Occupancy Refresh (R15141).
Base Area Type
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Select the base location type for a record. The system will use the build-up of GLOA and GLA adjustments to the base location type.
GLOA Adj 1 through GLOA Adj 5 (gross leaseable occupied location modification 1-5)
Enter user-defined codes from UDC table 15/AR that define adjustments to the base location 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 specifies modifications to the base area type for gross leaseable location (GLA).
Program ID
The system shows 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 included the record to the F15142 table during a conversion.
Updating Gross Lease Occupancy Information
This section supplies a summary 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 compute gross lease occupied area (GLOA) and gross leasable area (GLA) for all systems in a building or residential or commercial property for a specific duration. You can supply the details from the R15141 report to brokers who are seeking residential or commercial properties to lease and to property managers who can offer the information to potential occupants.
When you run the R15141 program, the system:
- Uses the dates gone into in the processing choices to figure out 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 modification values from the Area Master table (F1514).
Processing alternatives allow you to define how the system carries out the estimations, in addition to whether the computations should be performed for all lease statuses and lease types. You can likewise run the program for particular building (company unit) category codes to determine occupancy for a group of structures (for example, the tenancy on A-rated residential or commercial properties).
You can run and store numerous variations of the R15141 program. For instance, you can run the program utilizing area values from the first of the month and then run the program again using area worths from the end of the month. You can likewise run the R15141 program to get GLA and GLOA outcomes for a specified location definition to ensure a more accurate denominator computation for share aspect denominator and occupant exclusion guideline estimations.
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 must run the Gross Lease Occupancy Refresh program (R15141) for expenditure involvement when using the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) due to the fact that these programs recover 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 alternatives enable you to specify 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 utilizes to compute gross leasable locations (GLA) and gross lease inhabited locations (GLOA), based upon the lease date.
3. Gross Lease Area Calculation Method
Specify a calculation technique from UDC table 15/OM that determines the occupied location for an unit. Values are:
1: Select location worths since the first day of the month.
2: Select location worths as of the last day of the month.
3: Select location worths as of the 15th day of the month.
4: Select an average area 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 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 occupancy.
1: Delete just. The process will end after the system deletes records from F15141.
Note. If you go into 1 in the Deletion Method processing option, you should still go into an estimation technique and location definition to figure out the records the systems chooses for deletion.
5. Deletion Method
Specify how records are picked for deletion from the Gross Lease Occupied Area table (F15141). Values are:
1: Delete records based upon information selection, date range, computation technique, and area meaning values in the processing choices.
2: Delete all records in the F15141 table.
6. Area Definition
Specify the location definition to utilize to determine the occupied area for an unit.
The base location type is used to compute unadjusted location worths for GLOA and GLA. If you enter adjustment location types for GLOA and GLA, the system will apply those area amounts to the unadjusted area worths for GLOA and GLA.
7. Include Committed as Occupied
Specify whether an unit is occupied or vacant for the time period from the commitment date to the lease begin date. Values are:
Blank: The unit is uninhabited.
1: The unit is occupied.
Lease Status
Specify which leases to choose for processing based upon the lease status
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Working With Gross Lease Occupancy Information
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