Lease

If you select the check box, the move-out day is free and the tenant is not charged rent.

If you clear the check box, the move-out day is not free and the tenant must pay rent.

If you select the check box, the move-in day is free and the tenant is not charged rent.

If you clear the check box, the move-in day is not free and the tenant must pay rent.

If you select this check box, the system enables changes to the date fields in the Fee & Interest Information program (P74U1525).

Specify whether to enable differences for fixed payment amounts to be distributed for lease terms that are greater than one year.

If you select the check box, the system enables the difference to be distributed.

If you clear the check box, the system does not enable the difference to be distributed.

Enter the default number of years for which the system generates payment profile records. The system uses this value as the default value for the Number Years to Create Payment Profile and Number Years to Create Account Profile fields on the Work With Lease Master Additional Information form when you add a lease.

The value that you specify should be greater than or equal to the term of the lease. The minimum value that you can enter is 1. You should enter the value 99 so that billing and expense records are always generated. You can override the value of this field when you set up additional information for the lease, if desired. You cannot leave this field blank.

Enter a user-defined code from UDC table 74U/CM to specify how to calculate credit amounts if the tenant moves out before the end of the lease term. Values are:

CR: Credit and Re-Invoice. The system credits all of the billing amounts that were invoiced and generates a new invoice for the desired period for the appropriate amount.

NC: Net Credit. The system generates a credit invoice for the applicable period only.