ROpts | ||||||||
Data Type: Float (Optional) | ||||||||
Either a Float number (ie not an integer), or the variable can be omitted. If the value is a string, the function will attempt to convert it to a number, using the part of the string from the start to the first non-numeric character (ie not one of 0123456789+-*/^). | ||||||||
Note: The options in ROpts are applied where relevant, which means that not all options pertain to all functions that have ROpts. | ||||||||
Example: 1 | ||||||||
Variable Values | ||||||||
Default(s) | ||||||||
0 | No option specified (default behaviour) | |||||||
Switches | ||||||||
0 | No option specified | |||||||
1 | Use the same DayCount/Periods combination for the relet void as for the rent calculation (default: use monthly anniversary to determine relet date). | |||||||
2 | Round all the dates (Rent Start, Expiry, etc to the nearest payment date as defined in Periods). This option is to be compatible with some rental practises that ignore partial periods. | |||||||
4 | In a rent function, if more than one market rent is entered, apply rental growth from the lease start date of each relet. The main lease"s growth will be applied from the first of the GrowthDates, which is also the default behaviour for the subsequent market rents. (Recall that where there is more than one market rent the market rents are applied in turn to the main lease, first relet, etc) |