What is apartment rent adjustment type in SAP RE - Real Estate Management?

SAP Term: apartment rent adjustment type

• Component: RE

• Component Name: Real Estate Management

• Description: A type of rent adjustment allowing several adjustment methods for a lease-out, including: Comparative group of apartments Representative list of rents Expert opinion Construction measures Free adjustment The adjustment type is set in the lease-out.

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• Key Concepts: 
  Apartment rent adjustment type is a feature in SAP Real Estate Management (RE-FX) that allows users to adjust the rent of an apartment based on certain criteria. This feature allows users to set up different types of rent adjustments, such as a fixed amount, percentage, or index-based adjustment. The adjustment type can also be used to adjust the rent of multiple apartments at once. 
  
  How to use it: 
  To use the apartment rent adjustment type feature in SAP RE-FX, users must first create an adjustment type in the system. This can be done by navigating to the “Rent Adjustment Types” tab in the RE-FX application and selecting “Create”. From there, users can enter the details of the adjustment type, such as the name, description, and calculation method. Once the adjustment type is created, it can be applied to one or more apartments by selecting the “Apply” button in the “Rent Adjustment Types” tab. 
  
  Tips & Tricks: 
  When creating an apartment rent adjustment type, it is important to consider how it will affect other apartments in the same building or complex. For example, if a percentage-based adjustment is applied to one apartment, it may have an effect on other apartments in the same building or complex. It is also important to consider how long the adjustment will last and whether it should be applied to all apartments in a building or just certain ones. 
  
  Related Information: 
  For more information on using the apartment rent adjustment type feature in SAP RE-FX, please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are several online resources available that provide detailed instructions on how to use this feature.