What is related right in SAP RE-FX - Flexible Real Estate Management?

SAP Term: related right

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A designation for all rights and easements that exist on a servient tenement to the benefit of a dominant tenement. Some examples of related rights that can be recorded on land in the land register include: Restrictions on construction Rights of way Allowance for power lines

Smart SAP Assistant

• Key Concepts: 
  Related right is a feature of SAP RE-FX Flexible Real Estate Management that allows users to assign rights to a tenant or lessee that are related to the lease agreement. These rights can include the right to use common areas, the right to use parking spaces, and the right to use other services. 
  
  How to Use It: 
  To assign related rights in SAP RE-FX Flexible Real Estate Management, users must first create a lease agreement. Once the lease agreement is created, users can then assign related rights to the tenant or lessee. This can be done by selecting the “Related Rights” tab in the lease agreement and then selecting the appropriate rights from the list of available rights. 
  
  Tips & Tricks: 
  When assigning related rights, it is important to ensure that all of the necessary rights are assigned. This will ensure that all of the tenant’s or lessee’s rights are properly documented and accounted for. Additionally, it is important to review the related rights periodically to ensure that they are still valid and up-to-date. 
  
  Related Information: 
  For more information on related rights in SAP RE-FX Flexible Real Estate Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/RE-FX_Flexible_Real_Estate_Management/1.0/en-US.