This module is used for control of the rental contracts of retail businesses (stores) vis-à-vis mall managements.
What information does the contract include?
- Engineering data of the location, such as: size of area, net and gross, size of warehouse, attributed public area, dates of contract periods, renewals, and options.
- Price of rental per square meter, linking to index, exchange rate, and percentage of revenue.
- Management fee per square meter.
- Periodic discounts and months of grace.
- Linking to index and exchange rates.
The system control mechanisms and reminders including alerts for end of contract period and renewal of option. The module includes several reports, such as: “contract payment control report” providing information on current payments to the asset owners.
This module enables full control of rental contract management, renewal periods, and current payments.