This article outlines the key differences in terminology within Re-Leased across the different regions.
For example:
- In North America, Tenancies are called Leases.
- Outside of the UK, Service Charge Budgets are called Outgoings Budgets.
- Client Accounting in the UK is referred to as Trust Accounting elsewhere.
If you have any questions around the different terminology in your region, please do not hesitate to contact our Customer Support team.
|
EMEA (Europe, Middle East & Africa) |
APAC (Asia-Pacific) |
NoAM (North America) |
Properties |
||
|---|---|---|
|
Client Accounting |
Trust Accounting |
N/A |
|
Current Rating Valuation |
Current Valuations |
Current Property Values |
|
Property Charges |
Outgoings |
Operating Expenses |
|
Direct On-Charges |
Direct On-Charges |
Cost Recovery |
|
Service Charge Budgets |
Outgoing Budgets |
CAM Budgets |
Tenancies/Leases |
||
|
Tenancies |
Tenancies |
Leases |
|
Arrears Status |
Arrears Status |
Delinquency Status |
|
Terms & Breaks |
Terms & Breaks |
Terms & Options |
|
Vacate Current Term |
Vacate Current Term |
End Current Term |
|
Lease Break |
Lease Break |
Lease Option |
|
Break Clause Conditions |
Break Clause Conditions |
Option Clause Conditions |
|
Rent & Service Charge |
Rent & Outgoings |
Rent & Outgoings |
|
Bank Guarantees |
Security Deposits |
Security Deposit |
|
Deposits |
Bonds |
N/A |
|
Tenancy History |
Tenancy History |
Lease History |
|
VAT |
GST |
Tax |
General Terms |
||
|
Expiry Date |
Expiry Date |
Expires or Expired |
|
DD/MM/YYYY |
DD/MM/YYYY |
MM/DD/YYYY |
|
Tenancy Schedule |
Tenancy Schedule |
Rent Roll |
|
(In Maintenance Tasks) Description of Works |
Description of Works |
Description of Issue |
|
Work Order |
Work Order |
Purchase Order |
Financial |
||
|
Credit Note |
Credit Note |
Credit Memo |