What is condominium register in SAP RE - Real Estate Management?

SAP Term: condominium register

• Component: RE

• Component Name: Real Estate Management

• Description: A land register containing each individual apartment. All apartments are grouped and treated as one independent property in the register.

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• Key Concepts: 
  The condominium register in SAP Real Estate Management (RE) is a database that stores information about condominiums and their owners. It contains information such as the address of the condominium, the number of units, the names of the owners, and other relevant data. The register is used to manage the ownership and rental of condominiums.
  
  How to use it: 
  The condominium register can be accessed through the SAP RE module. It can be used to create and maintain records for each condominium, as well as to track changes in ownership or rental agreements. The register can also be used to generate reports on the status of each condominium.
  
  Tips & Tricks: 
  When creating a new record for a condominium, make sure to include all relevant information such as the address, number of units, and names of owners. This will ensure that all necessary data is stored in the register and can be easily accessed when needed.
  
  Related Information: 
  The condominium register is part of SAP RE's suite of tools for managing real estate properties. Other tools include lease management, asset management, and financial management. These tools can be used together to manage all aspects of real estate properties.