What is automated properties register in SAP RE - Real Estate Management?

SAP Term: automated properties register

• Component: RE

• Component Name: Real Estate Management

• Description: Land use management An electronic form of the real properties register. The real properties register is the descriptive part of the real estate cadaster where all parcels are registered with their parcel number and other data, including: Official description, location, and size Usage type Indicators for assessing land quality References to easements and similar rights Information on owners and holders of hereditary land leases The automated properties register replaces the real properties registersof the past that were managed on paper in book and card register form.

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• Key Concepts: 
  An automated properties register is a feature of SAP Real Estate Management (RE-FX) that allows users to store and manage information about their real estate portfolio. This includes data such as property location, size, and ownership. The register also allows users to track changes in the portfolio over time, such as when a property is sold or leased.
  
  How to use it: 
  The automated properties register can be accessed through the RE-FX module in SAP. Once in the module, users can enter information about their real estate portfolio, including property location, size, and ownership. The register also allows users to track changes in the portfolio over time, such as when a property is sold or leased.
  
  Tips & Tricks: 
  When entering data into the automated properties register, it is important to ensure that all information is accurate and up-to-date. This will help ensure that the register is an accurate reflection of the user’s real estate portfolio. Additionally, users should take advantage of the register’s ability to track changes in the portfolio over time. This will help them stay informed of any changes that may affect their real estate investments.
  
  Related Information: 
  The automated properties register is just one of many features available in SAP Real Estate Management (RE-FX). Other features include lease management, asset management, and financial reporting. Additionally, SAP offers a variety of training materials and resources to help users get the most out of their RE-FX experience.