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Component: RE-FX
Component Name: Flexible Real Estate Management
Description: A type of ground pollution that cannot be cleaned up by conventional means. Contaminated sites are dangerous to general health and can therefore only be used in limited ways or not at all. &EXAMPLE& A closed waste disposal area.
Key Concepts: Contamination of site is a term used in SAP RE-FX Flexible Real Estate Management to describe the presence of hazardous materials on a property. This could include anything from asbestos to lead paint, and can have serious implications for the safety of those who work or live on the property. How to use it: In SAP RE-FX, contamination of site is tracked and monitored in order to ensure that all necessary safety precautions are taken. This includes testing for hazardous materials, as well as taking steps to mitigate any potential risks. Tips & Tricks: When dealing with contamination of site, it is important to be aware of any local regulations or laws that may apply. Additionally, it is important to keep detailed records of any testing or mitigation efforts that are undertaken. Related Information: Contamination of site is just one aspect of managing real estate with SAP RE-FX. Other features include lease management, asset management, and financial reporting.