How To Fix 62665 - No real estate objects exist for option rate determination

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 665

• Message text: No real estate objects exist for option rate determination

What causes this issue?

You want to know the option rates for Real Estate objects. The system
does not have business entities, corresponding properties and buildings
for the selection criteria given.

System Response

The system has not implemented any authorization for the Real Estate
objects

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62665 - No real estate objects exist for option rate determination ?

  The SAP error message "62665 No real estate objects exist for option rate determination" typically occurs in the context of SAP Real Estate Management (RE-FX) when the system is unable to find any real estate objects that meet the criteria for option rate determination. This can happen for various reasons, and here are some potential causes, solutions, and related information:
  Causes:
  
  Missing Real Estate Objects: There may be no real estate objects created in the system that match the criteria for the option rate determination process.
  Incorrect Selection Criteria: The selection criteria used for the option rate determination may not match any existing real estate objects.
  Data Inconsistencies: There could be inconsistencies or missing data in the real estate object master data that prevent the system from identifying valid objects.
  Authorization Issues: The user may not have the necessary authorizations to view or access the real estate objects.
  Configuration Issues: The configuration settings for the option rate determination process may not be set up correctly.
  
  Solutions:
  
  Check Real Estate Objects: Verify that real estate objects exist in the system. You can do this by navigating to the relevant transaction (e.g., RE01 for real estate object management) and checking if the objects are created and active.
  Review Selection Criteria: Ensure that the selection criteria used for the option rate determination are correct and that they align with the existing real estate objects.
  Data Validation: Check the master data of the real estate objects for completeness and accuracy. Ensure that all required fields are filled out correctly.
  Authorization Check: Confirm that the user has the necessary authorizations to access the real estate objects. This can be done by checking the user's roles and authorizations in the SAP system.
  Configuration Review: Review the configuration settings related to option rate determination in the SAP system. Ensure that all necessary settings are correctly configured.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on option rate determination and related configuration settings.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RE01 (Real Estate Object Management), RECN (Contract Management), and others that may be involved in the process.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.