What is 'apartment hereditary land register' in SAP FS-CMS - Collateral Management System?

apartment hereditary land register - Overview

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: A land register type for registration of heritable buidling rights.

apartment hereditary land register - Details

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  Key Concepts: 
  Apartment hereditary land register is a component of the FS-CMS Collateral Management System. It is a system that allows for the registration of real estate and other immovable assets as collateral for loans. The system allows for the registration of both the borrower and the lender, as well as the details of the loan and the asset being used as collateral. 
  
  How to use it: 
  The apartment hereditary land register is used to register real estate and other immovable assets as collateral for loans. The borrower and lender must both be registered in the system, along with details of the loan and asset being used as collateral. Once registered, the asset can be used as security for a loan. 
  
  Tips & Tricks: 
  When registering an asset in the apartment hereditary land register, it is important to ensure that all details are accurate and up-to-date. This will help to ensure that the asset can be used as security for a loan without any issues. 
  
  Related Information: 
  The apartment hereditary land register is part of the FS-CMS Collateral Management System, which also includes features such as loan management, asset management, and risk management. It is important to understand how these features work together in order to effectively use the system.