1. SAP Glossary
  2. Real Estate Management
  3. vacant rental unit


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


SAP Term: vacant rental unit

  • Component: RE

  • Component Name: Real Estate Management

  • Description: A rental unit that is not assigned to any lease-out. It is identified by the system status unoccupied UNOC.


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  • Key Concepts: 
    A vacant rental unit is a rental unit that is not currently occupied by a tenant. It is a term used in SAP Real Estate Management (RE-FX) to refer to a rental unit that is available for rent. 
    
    How to use it: 
    In SAP RE-FX, a vacant rental unit can be created and managed in the system. This includes entering the details of the rental unit, such as the address, size, and rent amount. The system can also be used to track the status of the rental unit, such as whether it is currently vacant or occupied. 
    
    Tips & Tricks: 
    When creating a new vacant rental unit in SAP RE-FX, it is important to enter all relevant information accurately. This will ensure that the system can accurately track the status of the rental unit and provide accurate reports. 
    
    Related Information: 
    SAP RE-FX also provides other features related to managing rental units, such as tracking tenant information and managing lease agreements. For more information on these features, please refer to the SAP Help documentation.
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