What is percentage rate of increase in SAP RE - Real Estate Management?

SAP Term: percentage rate of increase

• Component: RE

• Component Name: Real Estate Management

• Description: The percentage rate of a rent adjustment that is passed on to the tenant for each rental unit. The percentage rate of increase does not apply to index-linked rent adjustments. In this case the pass-on percentage rate applies.

Smart SAP Assistant

• Key Concepts: 
  Percentage rate of increase is a feature in SAP Real Estate Management (RE) that allows users to calculate the percentage of increase in rent for a particular property. This feature is used to determine the amount of rent that should be charged for a property based on the current market value. 
  
  How to use it: 
  To use the percentage rate of increase feature in SAP RE, users must first enter the current market value of the property. Then, they must enter the desired percentage rate of increase. The system will then calculate the new rent amount based on the percentage rate of increase entered. 
  
  Tips & Tricks: 
  When using the percentage rate of increase feature in SAP RE, it is important to remember that the percentage rate of increase should be based on current market values and not on historical values. This will ensure that the rent amount is accurate and up-to-date. 
  
  Related Information: 
  The percentage rate of increase feature in SAP RE can be used in conjunction with other features such as lease management and tenant management. This allows users to easily manage their rental properties and ensure that they are charging an appropriate amount of rent.