Note
An asterisk (*) indicates
a required field or selection.
Code *
Enter an identification code for the denominator,
not to exceed 10 alphanumeric characters; for example UseCalc for Useable
Calculated.
Description
Enter a description of the code; not to exceed
40 alphanumeric characters; for example Useable Calculated.
User Defined Sq Ftg
This field defaults to Useable
Calculated. Accept the default or select another type of square
footage to be considered in the recoveries calculation. The following
options are possible:
Useable Calculated (default)
Leaseable Calculated
Rentable Calculated
User Defined Calculated
Useable Defined
Leaseable Defined
Rentable Defined
User-defined Defined
Other
Useable Entered
Rentable Entered
Leaseable Entered
User Defined Entered
Other Sq Ftg
If Other was selected
from the User Defined Sq Ftg field, then enter the amount of the square
footage. Or, use the Calculator Button
to figure an amount.
This block is used for special cases where you
want to recover costs for square footage not already assigned to a tenant
or a specific suite. For example, Lobby or Atrium footage.
Partial Gross Up %
This field defaults to 0. Accept the default
to indicate no partial gross up calculation should be run, or enter a
percentage amount. Or, use the Calculator
Button to figure an amount.
For example, a building
that is 75% occupied would only have 75% of the expenses passed through
to tenants based on their prorated share. With grossing up, however, all
of the expenses could be passed through to the tenants occupying the property.
Total Gross Up %
This field defaults to 0. Accept the default or
enter the percentage to consider when recovering 100% of the expenses
divided by the total occupancy.
Gross Up Level
This field defaults to Building. Accept the default
or select another gross up level from the drop-down list to be considered
when calculating gross up percentages. The following options are possible:
Do Not Transfer
Property
Transfer at AME
Building (default)
Fields