What is historical parcel of land in SAP RE-FX - Flexible Real Estate Management?

SAP Term: historical parcel of land

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A parcel of land that no longer exists due to split or merger.

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• Key Concepts: 
  Historical parcel of land is a term used in SAP RE-FX Flexible Real Estate Management. It refers to a parcel of land that has been in existence for a long period of time and has been used for various purposes. This type of land is usually associated with historical sites, monuments, or other important landmarks. 
  
  How to use it: 
  In SAP RE-FX Flexible Real Estate Management, historical parcels of land can be managed and tracked using the system. This includes tracking the ownership, usage, and other details related to the parcel. Additionally, the system can be used to manage the financial aspects of the parcel, such as rent payments and taxes. 
  
  Tips & Tricks: 
  When managing historical parcels of land in SAP RE-FX Flexible Real Estate Management, it is important to ensure that all relevant information is accurately tracked and updated. This includes any changes in ownership or usage of the parcel, as well as any financial transactions related to it. Additionally, it is important to ensure that all relevant documents are properly stored and maintained in the system. 
  
  Related Information: 
  SAP RE-FX Flexible Real Estate Management also provides tools for managing other types of real estate, such as residential properties and commercial buildings. Additionally, the system can be used to manage leases and rental agreements, as well as other financial aspects related to real estate management.