Entering Legal Clause Information
Access the Legal Clause Revisions form.
- Tenant
Enter the tenant number. You set up legal clause information by lease or tenant; therefore, if you complete this field, do not complete the Lease field.
- Lease
Enter the lease number. You set up legal clause information by lease or tenant; therefore, if you complete this field, do not complete the Tenant field.
- Option Type
Enter the value that specifies the type of option that is offered on a legal clause.
The system displays a value in the Detail Type field based on the option type value.
- Option Status
Enter the user-defined code from UDC table 15/OS that indicates the overall status of an option, such as offered and accepted.
- Clause Number
The system uses next numbers to generate this number.
- Lease Version
Enter a number that represents the version of the lease. To maintain an audit trail of the changes that you make to a lease, you can generate a new lease version.
- Space Detail
- Option Audit
- Clause Amounts
The system selects these check boxes to indicate that you have entered space detail, option audit, or clause amount information.
- Begin Date
Enter the begin date. If you leave the begin and end dates blank and enter a clause for a lease, the system uses the beginning and ending dates of the version of the lease.
- End Date
Enter the end date. If you leave the begin and end dates blank and enter a clause for a lease, the system uses the beginning and ending dates of the version of the lease.
- Notice Date
Enter the date on which either party might be obligated to inform the other about whether an option is available, has been exercised, or was refused.
- Critical Date
Enter the date that requires some kind of action, such as when an option ends or an inspection is due.
- Notice Responsibility
Enter the address book number of the individual who is responsible for the notice option, such as the landlord or tenant.
- Lease Doc Reference
Enter the value that indicates the source section or paragraph of the lease document.