What is rent adjustment in SAP RE - Real Estate Management?

SAP Term: rent adjustment

• Component: RE

• Component Name: Real Estate Management

• Description: A method used for increasing or decreasing condition amounts on a lease-out. Examples Comparative apartment adjustment type Index-linked rent adjustment type Expert opinion adjustment type

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• Key Concepts: 
  Rent adjustment is a feature of SAP Real Estate Management (RE-FX) that allows users to adjust the rent of a lease contract. This feature allows users to make changes to the rent amount, rent frequency, and other related parameters. The adjustment can be made either manually or automatically, depending on the user's preference. 
  
  How to use it: 
  To use the rent adjustment feature in SAP RE-FX, users must first create a lease contract. Once the contract is created, users can then adjust the rent amount, frequency, and other related parameters. To do this, users must navigate to the “Rent Adjustment” tab in the lease contract and enter the desired values. 
  
  Tips & Tricks: 
  When adjusting the rent amount, it is important to consider any applicable taxes or fees that may be associated with the change. Additionally, users should ensure that all changes are properly documented and saved in order to avoid any discrepancies in the future. 
  
  Related Information: 
  For more information on how to use the rent adjustment feature in SAP RE-FX, please refer to the official SAP documentation. Additionally, there are several online tutorials and videos available that provide step-by-step instructions on how to use this feature.