Enter a worth that defines an area meaning, such as Rentable or Useable, to utilize when running the Gross Lease Occupancy Refresh (R15141).

Base Area Type

Select the base area type for a record. The system will use the accumulation of GLOA and GLA changes to the base location type.

GLOA Adj 1 through GLOA Adj 5 (gross leaseable occupied location change 1-5)

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

Program ID

The system displays among the following worths:

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 during a conversion.

Updating Gross Lease Occupancy Information

This area offers an overview of the Gross Lease Occupancy Refresh program (R15141) and discusses 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 determine gross lease occupied area (GLOA) and gross leasable area (GLA) for all systems in a building or residential or commercial property for a specified duration. You can offer the details from the R15141 report to brokers who are looking for residential or commercial properties to lease and to property managers who can supply the information to potential renters.

When you run the R15141 program, the system:

- Uses the dates gone into in the processing alternatives to identify the time period, based on the lease dates, for which the estimations apply.

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

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

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

Processing alternatives enable you to define how the system performs the calculations, along with whether the estimations ought to be carried out for all lease statuses and lease types. You can also run the program for specific structure (service system) classification codes to determine tenancy for a group of structures (for example, the occupancy on A-rated residential or commercial properties).

You can run and store several variations of the R15141 program. For example, you can run the program using location values from the very first of the month and then run the program once again using area values from the end of the month. You can also run the R15141 program to acquire GLA and GLOA results for a specified location meaning to ensure a more accurate denominator computation for share element denominator and occupant exemption rule computations.
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When you run the R15141 program, the system updates the Gross Lease Occupied Areas table (F15141). GLOA and GLA adjustment location 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 must 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) due to the fact that these programs obtain 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 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 beginning date or the ending date that the system utilizes to compute gross leasable locations (GLA) and gross lease inhabited locations (GLOA), based on the lease date.

3. Gross Lease Area Calculation Method

Specify an estimation 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 location values since the last day of the month.

3: Select area values as of 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 take place 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 alternative. 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 must still go into a calculation technique and area definition to figure out the records the systems selects 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 on information selection, date variety, calculation approach, and area definition worths in the processing options.

2: Delete all records in the F15141 table.

6. Area Definition

Specify the area definition to use to compute the occupied location for an unit.

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

1: The unit is inhabited.

Lease Status

Specify which rents to pick for upon the lease status