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Comprehensive Overview of Property Policy Management and Renewal Strategies

This document outlines various types of property policies, including global and alternative property policies, as well as rentable items policies. It details the importance of building numbers and portfolio renewals within global policies and emphasizes the need for thorough lost rent calculations. Key components include property policy management, leasing options, and activity tracking such as closed and leased units. Essential calculations for holdover charges, as well as additional options like applicant inclusion and automated billing for security deposits, are also discussed.

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Comprehensive Overview of Property Policy Management and Renewal Strategies

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  1. eSite Policy ReviewSession – 104 Ruth Ritchie Professional Services

  2. Types of Policies • Global Policies • Property Policies • Alternate Property Policies • Rentable Items Policies

  3. Bldg Numbers and Renewals Global Policies / Inter Property, Addl • Use Building numbers • Post all renewals for accounting period

  4. Lost Rent Calculation Property Policies / View, Batch, Calculation • Floating Potential • Fixed Potential • Days Vacant @ Market Rate • Days Vacant @ Lease Rate

  5. Leasing Options Property Policies / Leasing Activity • Unit Counts as ‘Closed’ • Unit Counts as ‘Leased’ • Holdover Calculation

  6. Lease Charges/ Begin of Day Property Policies / Additional Options • Include Applicant/Leased/Approved Residents • Auto-bill required security

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