Scheme Code

The code identifying the scheme for which the term sheet number is to be generated. This code should be a valid code and the type of the scheme should be “Corporate”.

Press <Enter> key.

Scheme Name

The name of the scheme.

Revision No

Use the drop-down list box to specify the revision number of term sheet.

Customer Name

The name of the customer who is going to take the property on lease.

Broker Name

The name of the broker who brought in the customer.

Brokerage (Days)- Bare Shell

The number of days for which the brokerage has to be given to the broker for bare shell.

Brokerage (Days)- Fitout

The number of days for which the brokerage has to be given to the broker for fitout.

Maintenance Charge(Per Sqft per Month)

The maintenance charge per sqft per month.

Working Hours

The normal working hours of the customer.

Facade Signage Rent

The signage rent for facade.

Additional Signage Rent

The additional rent for the signage.

Lock-In Period(Months)

The lock-in period in months for the Lease

Lock-in Period inclusive of Termination Notice Period

Use the drop-down list box to specify whether the lock-in period is inclusive of termination notice period or not. The combo is loaded with options “Yes” and “No”.

Notice Period for Termination(Months)

The number of months by which the termination notice is sent to the customer intimating the termination of the lease.

Notice Period for Renewal (Months)

The number of months by which the renewal notice is sent to the customer intimating the renewal of the lease.

Common Passage Cost (CPC) (per /SQFT)

The common passage cost per square feet.

CPC Basis

Use the drop-down list box to specify the basis of common passage cost (CPC).The combo is loaded with options “With Finishing Toilets” and “Without Finishing Toilets”.

Internal Wall Partition Cost (perSQFT)

The internal wall partition cost per square feet.

Terrace Area Charges

The charges for the terrace area.

Taxes on property

Use the drop-down list box to specify whether the lease amount is inclusive /exclusive/sharing of property tax.

Stamp Duty & Reg. charges

Use the drop-down list box to specify whether the stamp duty and registration charges are borne by the Lessor or Lessee or by both. The combo is loaded with options “Borne by the Lessor”, “Borne by the Lessee” and “Sharing”.

Reinstatement of Premises

Use the drop-down list box to specify the condition of the premises when handed over by the customer. The combo is loaded with options” Bare Shell Condition” and “As is where is”.

Right to Sub lease (Only for Non-SEZ)

Use the drop-down list box to specify whether the customer can sub lease the property (only for Non-SEZ).The combo is loaded with options “None”, “Group Company” and “3^rd Party”.

Renewal Term1 (Years)

The first renewal term of the lease in years.

Renewal Term2 (Years)

The second renewal term of the lease in years.

Hard Option

Use the drop-down list box to indicate whether extension of property area is allowed or not. The combo is loaded with options “Yes” and “No”.

First Right of Refusal (FRR)

Use the drop-down list box to indicate whether hard option is applicable or not for the property. The combo is loaded with options “Yes” and “No”.

Comments

Any comments regarding the term sheet number generation.

Building Name

The name of the building in which the property exists.

Tower

The tower to which the property belongs.

Floor

The floor in which the property exists.

Leased Area

The leased area of the property.

Bare Shell Rent

The rent for the bare shell.

Initial Lease Term(Years)

The initial lease period in terms of years.

Lease Commencement Date

The lease commencement date of the property.

Rent Commencement Date

The rent commencement date of the property.

Lease Expiry Date

The lease expiry date of the property.

Fitout Rent

The rent for the fitout.

Fitout Applicable From

The date from which the fitout can be utilized.

Hard Option Expiry Date

The expiry date of hard option.

FRR Expiry Date

The expiry date of first right of refusal.

Remarks

Any remarks regarding the property.

Block

The block in which the property exists.

Property No

The number identifying the property on lease.

Basis

Use the drop-down list box to specify the basis of escalation. The combo is loaded with options “%” and “Value’.

Value

The escalation value.

From Date

The date from which the escalation is applicable on the property.

Remarks

Any remarks regarding the escalation.

Nature of Deposit

The code identifying the nature of deposit.

Component

Use the drop-down list box to specify the nature of deposit. The combo is loaded with options “Rent” and “Fitout”.

Factor

The multi factor element.

Amount

The lease amount for the component.

Upon Signing of LOI

The amount that has to be paid by the customer on signing of Letter of Intent (LOI).

On Initializing of Lease Deed

The amount that has to be paid by the customer on initializing the lease deed.

Upon Signing of Lease Deed

The amount that has to be paid by the customer on signing of lease deed.

Date of Signing of LOI

The date of signing of LOI.

Date of Initializing of Lease Deed

The date of initializing of lease deed.

Date of Signing of Lease Deed

The date of signing of lease deed.

Remarks

Any remarks regarding the deposit.

Upon signing of MOU

The amount that has to be paid by the customer on signing of MOU (Memorandum of Understanding).

Date of Signing of MOU

The date of signing of MOU.

Date From

The date from which the car parking is required.

Date To

The date until which the car parking is required.

No. of Slots

The number of car parking slots required on lease.

Rate

The rate per slot.

Amount

The lease amount for the car parking slots.

Category/Remarks

Any remarks or categorization regarding the car parking.

Category

Use the drop-down list box to specify the category for which additional details have to be specified.

Remarks

Any additional details regarding the category selected.

Category

The category of the validation. Data is fetched from Maintain Categories, for the Category – LOI valid Category

Applicable

Use the drop-down list box to specify the applicability of category. The combo is loaded with options defined for the Category – LOI valid Applicable in Maintain Categories activity.

Remarks

Any remarks regarding the category.

Term Sheet No

The system generates and displays the term sheet number.

Status

The status of the term sheet number which will be “Draft”.

Work Flow Status

The status of the document as per Work flow Applicability. The Work flow status will be visible only if "Workflow Applicability" for the transaction is set to Yes in Company Parameter Setup component.

Comments For Approval

The comments regarding the lease approval.

Approval Levels

The level of approval.

Comments For Return

The comments regarding the returning of the term sheet number.