uuu_lse_esc_method

Data Definition: SYS Escalation Method

Form Label (Field Label): Escalation Method

# of Characters: Not applicable

Where to use it: Lease BPs

Use this element for: Specifying the method by which rents should be escalated.

This data element is a Pull-down Menu (Drop-down list) that offers a choice of fixed escalation methods such as:

• Fixed amount

  Escalates the rent by fixed periodic increases

• % (Percentage)

  Escalates the rent by a percentage, such as an amount based on changes in landlord expenses.

• None

  No escalations in rent

• Index Rate

  Escalates the rent based on the index rate selected in the index rate BP data picker.

  Unifier uses the values of the elements uuu_index_rate and uuu_index_code set in the index rate BP to calculate the rent escalation.

  The payment schedules are updated whenever the index rate value gets changed.