What is 'land quality indicator' in SAP RE-FX - Flexible Real Estate Management?

land quality indicator - Overview

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: For estimating the value of agricultural land various factors are measured: the soil texture, soil condition and the geological origin of the soil parent material. Soil classification numbers are determined as part of this estimation of agricultural land. The soil least suited for crop production receives a soil classification of 7, the best soil is classified as 100. The land quality indicator is determined by adding and subtracting from the soil classification number based on other factors, such as the slope of the land, climate, and economic considerations.

land quality indicator - Details

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  Key Concepts: 
  Land quality indicator is a component of SAP RE-FX Flexible Real Estate Management. It is used to measure the quality of land in terms of its suitability for development or other uses. The indicator is based on a variety of factors such as soil type, topography, climate, and other environmental factors. 
  
  How to use it: 
  The land quality indicator can be used to assess the suitability of land for development or other uses. It can also be used to compare different pieces of land and determine which one is more suitable for a particular purpose. The indicator can also be used to identify areas that may require additional environmental protection measures. 
  
  Tips & Tricks: 
  When using the land quality indicator, it is important to consider all relevant factors in order to get an accurate assessment. It is also important to consider the long-term implications of any decisions made based on the indicator. 
  
  Related Information: 
  The land quality indicator is part of SAP RE-FX Flexible Real Estate Management, which provides a comprehensive suite of tools for managing real estate assets. Other components include lease management, asset management, and financial management.