Example
Starting point
You want to define the following for an unlimited lease-out
for a contract term shorter than 12 months:
A period of notice of one month to the end of the quarter applies
And the notice must be received by the third calendar day of the last possible month of notice, for the period of notice to be valid
and for a contract term greater than 12 months:
A notice period of 14 calendar days to the half-year applies (i.e., receipt of notice must be by 06/17 or 12/18)
And the notice must be received, at the latest, one calendar day after the last possible period of notice (for instance, as a sign of goodwill, receipt of notice is honored up to either 06/18 or 12/19)
Procedure
Enter the following data for the period regulation of the lease-out to reflect the above situation.
Term in months |
No.day |
CD/WD |
FreM |
Not.per |
NtPerDy |
MC |
Cal |
12 |
3 |
1 |
3 |
1 |
01 |
||
1 |
2 |
6 |
14 |
01 |
|||
Term in months: Term of lease-out in months No.day: No. of days allowed after period of notice for receipt of notice CD/WD: No. of working or calendar days (1: working days/2: calendar days) FreM: Monthly frequency for which notice can become effective Not.per : Period of notice in months NtPerDy : Period of notice in days MC: Notice effective per end of month? Only set indicator if there is no entry in FreM field. Cal: Type of calendar to be considered, for instance 01 = standard factory calendar for Germany. |
Notice process
You enter notices using the notice function (
Tenant changeover
→ Notice).
The system automatically calculates the notice date based on the date of receipt of the notice (
Receipt of notice
field).
Based on the above period regulation, the date of notice is calculated as follows:
Date of receipt |
Contract term |
= Date of notice |
On 3rd working day of month of April 1997 |
< 12 months |
06/30/1997 |
On 3rd working day of month of April 1997 |
< 12 months |
09/30/1997 |
06/18/1997 |
> 12 months |
06/30/1997 |
06/19/1997 |
> 12 months |
12/31/1997 |
Note
Only after you have activated the notice, is the date of notice (
Notice per
field) updated in the lease-out concerned.
You can also change the calculated date of notice in the
Notice per
field (within notice processing) manually, overriding the date calculated by the period regulation.