What is merging of parcels in SAP RE-FX - Flexible Real Estate Management?

SAP Term: merging of parcels

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Land use management LUM A method of joining parcels of land. A parcel piece of land that is added to another in the land register thereby loses its separate legal identity and becomes part of the other parcel.

Smart SAP Assistant

• Key Concepts: 
  Merging of parcels is a feature of SAP RE-FX Flexible Real Estate Management that allows users to combine multiple parcels of land into one larger parcel. This feature is useful for consolidating multiple small parcels into one larger parcel, which can then be used for a variety of purposes, such as development or sale.
  
  How to use it: 
  To use the merging of parcels feature in SAP RE-FX, users must first select the parcels they wish to merge. This can be done by selecting the parcels from a list or by drawing a selection box around them on a map. Once the desired parcels have been selected, users can then click the “Merge” button to combine them into one larger parcel.
  
  Tips & Tricks: 
  When merging parcels, it is important to ensure that all of the selected parcels are contiguous and that there are no gaps between them. If there are gaps, the merged parcel will not be valid and will need to be split back into its original components. Additionally, it is important to ensure that all of the selected parcels have the same zoning and other restrictions in order to avoid any potential legal issues.
  
  Related Information: 
  The merging of parcels feature in SAP RE-FX is closely related to other features such as splitting of parcels and creating new parcels from existing ones. Additionally, this feature can be used in conjunction with other features such as lease management and asset management in order to create more efficient workflows.