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SAP Flexible Real Estate Management by Jayant Daithankar

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© Jayant Daithankar 2016

Jayant Daithankar, SAP Flexible Real Estate Management, 10.1007/978-1-4842-1482-4_3

3. Real Estate Contracts

Jayant Daithankar

(1)A-303 Walia Apartment, Goregaon East, Mumbai, India

This chapter will explain different types of real estate contracts c arried out as well as contract management. In this chapter, we will discuss the following:

  • Lease-in contracts

  • Lease-out contracts

  • Terms and security deposit agreements

  • Critical dates with reason

  • Condition amounts

  • Steps in contract management

A real estate contract is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset who provides the lessee the right to use the asset for consideration, which is a rental payment. A formal document ...

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