What is informational cadastral classification in SAP RE-FX - Flexible Real Estate Management?

SAP Term: informational cadastral classification

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Under German law, the survey office records the usage type of parcels or parts of parcels. Usage types have three-character keys. To help distinguish between the cadastral usage and classifications of other agencies, the cadastral usage key is preceded by the overlay ID. These overlay IDs classify parcels or parts thereof by their actual usage. These overlay IDs must be recorded in the real estate cadaster, and include, for example, classifications based on laws for streets, water or forests.

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• Key Concepts: 
  Informational cadastral classification is a component of the RE-FX Flexible Real Estate Management module in SAP. It is used to classify real estate objects according to their characteristics, such as location, size, and type. This classification helps to identify and manage real estate objects more efficiently.
  
  How to use it: 
  Informational cadastral classification can be used to classify real estate objects according to their characteristics. This classification can be used to identify and manage real estate objects more efficiently. The classification can also be used to generate reports and analyze data related to the real estate objects.
  
  Tips & Tricks: 
  It is important to ensure that the classification is accurate and up-to-date in order to get the most out of the informational cadastral classification component. It is also important to keep track of changes in the real estate objects in order to ensure that the classification remains accurate.
  
  Related Information: 
  The informational cadastral classification component is part of the RE-FX Flexible Real Estate Management module in SAP. Other components of this module include lease management, contract management, and asset management.