vii. Transitions, Handoffs & Lifecycle Continuity

Transitions and handoffs occur when responsibility for a real estate asset shifts between teams, owners, or systems. Maintaining lifecycle continuity ensures that critical knowledge, documentation, and data persist across these changes, reducing risk and preserving long-term asset value.

Asset Onboarding

The process of organizing and transferring asset information into a new system, platform, or management structure.

Data Continuity

The preservation of accurate, complete, and accessible information across an asset’s lifecycle.

Handover Process

The structured transfer of responsibilities, documentation, and operational knowledge between parties.

Information Loss

The degradation or disappearance of asset data during transitions between teams or systems.

Lifecycle Record

A consolidated history of an asset’s development, operations, and modifications over time.

Ownership Transition

A change in asset ownership resulting from sale, transfer, or restructuring.

Platform Migration

The movement of asset data from one software system to another.

System Integration

The alignment of systems and workflows to maintain continuity during transitions.

Transition Risk

Risks arising from incomplete information, unclear responsibilities, or system gaps during handoffs.