What is qualified representative list of rents in SAP (RE-FX - Flexible Real Estate Management)?

SAP Term: qualified representative list of rents

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: German law Valuation of the characteristics of the rental object for rent adjustment based on German law. During this process, certain characteristics of the rental object, such as location and fixtures and fittings, are evaluated and used for determining the standard local comparative rent. In contrast to this procedure, a non-qualified representative list of rents determines comparative rent solely based on the existence of the given characteristic.

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• Key Concepts: 
  Qualified Representative List of Rents (QRLR) is a feature of SAP RE-FX Flexible Real Estate Management that allows users to create a list of qualified representatives for rent payments. This list can be used to ensure that all rent payments are made to the correct representative. The list can also be used to track the status of each payment and to ensure that all payments are made on time. 
  
  How to use it: 
  To use the QRLR feature, users must first create a list of qualified representatives. This list should include the name, address, and contact information for each representative. Once the list is created, users can then assign each representative a unique identifier. This identifier will be used to track payments and ensure that all payments are made to the correct representative. 
  
  Tips & Tricks: 
  When creating a QRLR list, it is important to make sure that all information is accurate and up-to-date. This will help ensure that all payments are made correctly and on time. Additionally, it is important to keep the list organized so that it is easy to find the correct representative when needed. 
  
  Related Information: 
  For more information about SAP RE-FX Flexible Real Estate Management and its features, please visit the SAP website at https://www.sap.com/products/real-estate-management.html.