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Property Sub Type

A property sub type refines a type: a corner apartment, a park-facing plot, a penthouse. It is optional on a unit, but a price or a maintenance rate can be written for it.

Where
Real Estate › Property › Property Sub Type
Who uses it
The implementation consultant
When
At setup
Needs first
Nothing

What it is for​

Sub types let a developer charge a premium for a feature without making a separate type. A Pricing Profile line can be based on a sub type. When several lines fit one unit, a line written for the unit itself wins, then a line for its property type, then a line for its sub type.

Every field in plain words​

FieldWhat it meansWhat to put
Property Sub TypeThe codeA short code. Required; must be unique
NameWhat it is calledCorner. Required

How to configure it​

Nothing beyond the list. The layout places a Property Type field too, but it is not set up for this screen and never shows.

Scenarios​

  • Corner plots sell at a higher rate. Make a sub type Corner, set it on the corner units, and price it on the pricing profile. A line for the same units' property type in the same period would win over it, so price either by type or by sub type, not both.

What it is connected to​

If something looks wrong​

  • Save refuses and marks the code. The code is empty, or another record of this screen already uses it. Codes must be unique; type a new one.