This function allows you to set different rules for periods of notice.

You can either define general keys for periods of notice or make lease-out-specific settings.

When a valid notice of termination is served, the periods of notice set on the lease-out are automatically checked against the date of receipt of the termination notice. The (calculated) date of notice resulting from this is copied to the lease-out (see examples below).

You can set the periods of notice on the lease-out in the following ways:

• A notice key sets firm rules for periods of notice depending on:

• Tenancy law
• Contract type
• Contract validity period

• by entering user-defined data in the master data of a lease-out.

In the latter case, the system supports a period regulation and a deadline regulation.

Depending on the contract validity period, you can determine:

• Exact periods of notice with frequencies of monthly, quarterly, or six monthly periods
• Whereby the date of notice is calculated exactly from the date of receipt of the notice

Depending on the contract validity period, you can determine:

• The exact date of notice
• Whereby the date of notice is calculated exactly from the date of receipt of the notice