Enter a worth that specifies a location meaning, 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 use the build-up of GLOA and GLA changes to the base location 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 modifications 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 changes to the base area type for gross leaseable area (GLA).

Program ID

The system shows among the following values:

P15142: Specifies that the system included 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 an introduction of the Gross Lease Occupancy Refresh program (R15141) and talks about 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 location (GLOA) and gross leasable area (GLA) for all units in a building or residential or commercial property for a given duration. You can provide the details from the R15141 report to brokers who are looking for residential or commercial properties to rent and to property owners who can provide the info to potential occupants.

When you run the R15141 program, the system:

- Uses the dates gone into in the processing choices to identify the amount of time, based upon 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 change worths from the Area Master table (F1514).

Processing alternatives enable you to define how the system carries out the computations, along with whether the calculations must be performed for all lease statuses and lease types. You can also run the program for specific structure (business system) classification codes to figure out occupancy for a group of structures (for example, the occupancy on A-rated residential or commercial properties).

You can run and save several versions of the R15141 program. For instance, you can run the program using area worths from the first of the month and then run the program once again using area values from completion of the month. You can also run the R15141 program to acquire GLA and GLOA outcomes for a defined area definition to ensure a more precise denominator estimation for share factor denominator and occupant exemption rule estimations.

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 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 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 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 locations (GLA) and gross lease occupied areas (GLOA), based upon the lease date.

3. Gross Lease Area Calculation Method

Specify an estimation approach from UDC table 15/OM that identifies the occupied area for a system. Values are:

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

2: Select location values since the last day of the month.

3: Select location worths 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 happen 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 alternative. The system will then re-calculate tenancy.

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

Note. If you enter 1 in the Deletion Method processing choice, you should still enter an estimation method and area definition to figure out the records the systems chooses for deletion.

5. Deletion Method

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

1: Delete records based upon data choice, date variety, computation approach, and area definition worths in the processing alternatives.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the area meaning to use to determine the occupied location for an unit.

The base area type is used to calculate unadjusted location worths for GLOA and GLA. If you enter change location types for GLOA and GLA, the system will apply those location amounts to the unadjusted area values for GLOA and GLA.

7. Include Committed as Occupied

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

Blank: The unit is vacant.

1: The unit is occupied.

Lease Status

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