What is main contract type in SAP RE-FX - Flexible Real Estate Management?

SAP Term: main contract type

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Within Land Use Management, there are three main contract types for customer and vendor contracts: Contract changing portfolio holdings Contract using portfolio holdings Heritable building rights contract

Smart SAP Assistant

• Key Concepts: 
  Main contract type is a feature of the RE-FX Flexible Real Estate Management component of SAP. It is used to define the type of contract that is used for a particular real estate transaction. This includes the terms and conditions of the contract, such as the duration, payment terms, and other details. 
  
  How to use it: 
  Main contract type can be used to define the type of contract that is used for a particular real estate transaction. This includes the terms and conditions of the contract, such as the duration, payment terms, and other details. The main contract type can be set up in the RE-FX Flexible Real Estate Management component of SAP. 
  
  Tips & Tricks: 
  When setting up a main contract type in SAP, it is important to ensure that all relevant information is included in the setup. This includes the duration of the contract, payment terms, and any other details that are relevant to the transaction. Additionally, it is important to ensure that all relevant parties are aware of the main contract type before it is finalized. 
  
  Related Information: 
  For more information on setting up main contract types in SAP, please refer to the official SAP documentation on RE-FX Flexible Real Estate Management. Additionally, there are many online resources available that provide detailed instructions on how to set up main contract types in SAP.