What is appreciation surcharge in SAP RE - Real Estate Management?

SAP Term: appreciation surcharge

• Component: RE

• Component Name: Real Estate Management

• Description: A condition type that displays the rent increase separately after a rent adjustment. This surcharge is usual for rent adjustments following modernization. The appreciation surcharge can be taken into account for rent adjustments.

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• Key Concepts: 
  Appreciation surcharge is a feature of SAP Real Estate Management (RE-FX) that allows for the automatic calculation of a surcharge on rent payments based on the appreciation of the property. This feature helps to ensure that rent payments are kept up to date with the current market value of the property. 
  
  How to use it: 
  To use the appreciation surcharge feature, you must first set up the parameters for the calculation. This includes setting the base rent, the appreciation rate, and any other applicable parameters. Once these parameters are set, the system will automatically calculate the surcharge amount and add it to the rent payment. 
  
  Tips & Tricks: 
  When setting up the appreciation surcharge parameters, it is important to ensure that they are accurate and up to date. This will help to ensure that rent payments are kept in line with current market values. Additionally, it is important to keep track of any changes in market values so that the parameters can be adjusted accordingly. 
  
  Related Information: 
  For more information on setting up and using the appreciation surcharge feature in SAP Real Estate Management (RE-FX), please refer to SAP Help documentation or contact your local SAP support team.