What is sales-based lease-out in SAP RE - Real Estate Management?

SAP Term: sales-based lease-out

• Component: RE

• Component Name: Real Estate Management

• Description: A lease-out with the adjustment type "sales-based rent". The rent increase is determined by the sales reports of the commercial tenant.

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• Key Concepts: 
  Sales-based lease-out is a feature of SAP Real Estate Management (RE-FX) that allows a company to lease out its real estate assets and receive payments based on the sales of the leased asset. This feature allows companies to generate revenue from their real estate assets without having to sell them outright. 
  
  How to use it: 
  In order to use the sales-based lease-out feature, a company must first create a lease contract in SAP RE-FX. This contract will specify the terms of the lease, such as the duration, payment schedule, and any other conditions. Once the contract is created, the company can then set up a sales-based lease-out agreement with a tenant. The tenant will then make payments based on the sales of the leased asset. 
  
  Tips & Tricks: 
  When setting up a sales-based lease-out agreement, it is important to ensure that all parties involved understand the terms of the agreement and are in agreement with them. Additionally, it is important to keep track of all payments made by the tenant in order to ensure that they are being made on time and in full. 
  
  Related Information: 
  For more information about SAP Real Estate Management (RE-FX) and its features, please visit https://www.sap.com/products/real-estate-management.html. Additionally, for more information about setting up and managing sales-based lease-outs, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_REFX/latest/en-US.