Defining Clause Types

To define clause types, use the Clause Types component (RE_CLAUSE_STYPE).

This topic provides an overview of clause types and discusses how to define clause types.

Page Name

Definition Name

Usage

Clause Types Page

RE_CLAUSE_TYPE

Define the clause type. From this page, you can define specific clauses that you want to track.

You can capture and classify pertinent lease information, such as right to assign the lease, first right of refusal, parking privileges, number of parking spaces, and so on. Clause types enable you to categorize and store this information in a logical format, which can be shared with other leases. After you establish the parking privileges clause type, you can further define the clause subtype with the corresponding detail of number of parking spaces.

Use the Clause Types page (RE_CLAUSE_TYPE) to define the clause type.

From this page, you can define specific clauses that you want to track.

Navigation:

Set Up Financials/Supply Chain > Product Related > Lease Administration > Clauses and Options > Clause Type

This example illustrates the fields and controls on the Clause Types page. You can find definitions for the fields and controls later on this page.

Clause Types page

Field or Control

Description

Clause Subtypes

Enter corresponding names and descriptions that further define the clause types. You can add multiple clause subtypes for the clause type.