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No Business Place assigned to contract

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Any idea why I'm encountering error "No business place assigned to contract IS5810*" when activating a real estate contract? I'm currently exploring the starter system using the pre-defined company code 5810. Am I missing some configurations or maintenance in the real estate side? I'm not seeing any business place field in the contract. Thanks!

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Please check the documentation here - Entering Business Place for Contracts - https://help.sap.com/docs/SAP_S4HANA_CLOUD/60a09f68f2444ceca31dcac2e7017945/7a3c49be947d49d99a6b9d02... might be helpful in this case?