What is rental unit in SAP RE - Real Estate Management?

SAP Term: rental unit

• Component: RE

• Component Name: Real Estate Management

• Description: The spatial unit on the basis of which real estate objects are rented. A rental unit is assigned uniquely to a building or a property.

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• Key Concepts: 
  Rental unit is a term used in SAP Real Estate Management (RE-FX) to refer to a unit of space that is rented out to a tenant. It is the smallest unit of space that can be rented out and is typically used to track the rental of apartments, offices, or other types of spaces. 
  
  How to use it: 
  In SAP RE-FX, rental units are created and managed in the Rental Unit Master Data view. This view allows users to define the characteristics of each rental unit, such as its size, location, and rental rate. Once created, rental units can be assigned to tenants and tracked in the system. 
  
  Tips & Tricks: 
  When creating rental units in SAP RE-FX, it is important to ensure that all relevant information is entered accurately. This will help ensure that the system can accurately track the rental units and their associated tenants. 
  
  Related Information: 
  For more information on rental units in SAP RE-FX, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/REAL_ESTATE_MANAGEMENT/100/en-US