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Real Estate Portfolio Management / Lease Administration
Portfolio Management

Adding Amenities for a Portfolio Item or Lease

An amenity is a feature of a property, building, structure, land, or lease that is usually of interest to tenants or landlords, as well as to brokers representing the property. Fitness centers, ISDN lines, sprinkler systems, and day care centers are all examples of property or building amenity types.

Your Business Process Owner adds the amenity types required for your portfolio. You then associate these amenity types with specific properties, structures, land, buildings, or leases.

Adding amenities enables you to track amenities by their location, and to review amenities to assess those that you need to maintain or renovate. You review amenity information in the Amenities by Property, Building, or Lease Reports.

You add an amenity to a lease as a type of clause. See Enter Clauses.

To add an amenity to a property or a building:

  1. Select one of the following:
  2. Select the property or building from the list in the Properties or Buildings panel.
  3. In the Property Amenities or Building Amenities panel, select Add New.
  4. In the Property Amenity or Building Amenity panel, select the Amenity Type from the list.
  5. Optionally, enter a comment in the Comments section that further describes the amenity.
  6. Click Save.

To add an amenity to a structure or land:

  1. Select one of the following:
  2. Select the structure or land from the Structure or Land panel.
  3. In the Structure Amenities or Land Amenities panel, select Add New.
  4. In the Structure Amenity or Land Amenity panel, select the Amenity Type from the list.

  5. Optionally, enter a comment in the Comments section that further describes the amenity.

  6. Click Save.

See Also

Defining Amenity Types

Amenities by Property, Building or Lease Reports

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