What is occupant in SAP RE - Real Estate Management?

SAP Term: occupant

• Component: RE

• Component Name: Real Estate Management

• Description: Reservation and continuous occupancy A person having an internal or external role and to whom a reservation object can be assigned.

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• Key Concepts: 
  An occupant in SAP Real Estate Management (RE-FX) is a person or organization that has a contractual relationship with the owner of a property. This relationship is usually in the form of a lease agreement, but it can also be a rental agreement, a sublease agreement, or any other type of agreement. The occupant is responsible for paying rent and other fees associated with the property. 
  
  How to use it: 
  In SAP RE-FX, an occupant is represented by an occupant master record. This record contains information about the occupant such as name, address, contact information, and other relevant details. The occupant master record also contains information about the lease agreement such as start date, end date, rent amount, and other terms and conditions. 
  
  Tips & Tricks: 
  When creating an occupant master record in SAP RE-FX, it is important to ensure that all relevant information is entered accurately and completely. This will help ensure that all payments are made on time and that all terms and conditions of the lease agreement are met. 
  
  Related Information: 
  For more information about occupants in SAP RE-FX, please refer to the SAP Help documentation or contact your local SAP support team.