WASHINGTON, D.C. 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): January 2, 2003

                               KOGER EQUITY, INC.
             (Exact Name of Registrant as Specified in Its Charter)

                  State or Other Jurisdiction of Incorporation)

             1-9997                                   59-2898045
     (Commission File Number)              (IRS Employer Identification No.)

         433 PLAZA REAL, SUITE 335
             BOCA RATON, FLORIDA                           33432
(Address of Principal Executive Offices)                 (Zip Code)

                                 (561) 395-9666
              (Registrant's Telephone Number, Including Area Code)

         (Former Name or Former Address, if Changed Since Last Reports)

Item 9.  Regulation FD Disclosure

Koger Equity, Inc. announced that it had signed a 46,000 square foot lease with
TRW, Inc. a wholly owned subsidiary of the Northrop Grumman Corporation, and a
36,000 square foot lease with the Georgia Medical Foundation. These spaces are
contained in buildings located in the Atlanta, Georgia, metropolitan area, as
more particularly described in a News Release, dated January 2, 2003, a copy of
which is attached hereto as Exhibit 99 and by this reference made a part hereof.

For more information on Koger Equity, Inc., contact the company at 866-321-0712
or visit its Web site at

Item 7.   Financial Statements and Exhibits.

    (c)        Exhibits

                Number  Description of Exhibit
               -------  ----------------------

                 99     Koger Equity, Inc. News Release, dated January 2, 2003.



     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                          KOGER EQUITY, INC.

           Dated:  January 2, 2003        By:       /S/ Thomas J. Crocker
                                                    Thomas J. Crocker
                                          Title:  Chief Executive Officer


                                  EXHIBIT INDEX

The following designated exhibit is filed herewith:

        Number  Description of Exhibit
       -------  ----------------------

          99    Koger Equity, Inc. News Release, dated January 2, 2003.


                                                                      EXHIBIT 99

                                                              KOGER EQUITY, INC.
                                                       433 Plaza Real, Suite 335
                                                       Boca Raton, Florida 33432


               Koger Equity Announces 82,000 Square Feet of Leases
                   with TRW and The Georgia Medical Foundation

BOCA RATON, Fla.--(BUSINESS WIRE)--January 2, 2003--Koger Equity (NYSE:KE) today
announced that it signed a 46,000 square foot lease and a 36,000 square foot
lease with TRW, Inc. and the Georgia Medical Foundation, respectively, for all
of Koger's Harvard building at its Atlanta Chamblee center and a portion of
Koger's Lincoln Parkway building in Atlanta, Georgia. Both leases are expected
to commence no later than April 2003.

Christopher Becker, senior vice president of Koger, said, "These leases fill
significant vacancies for us and these highly respected companies are welcome
additions to the tenant base at both properties. We are excited that the TRW
transaction fills a single-building vacancy within six months of the renovation
of the building." Additionally, the Georgia Medical Foundation transaction
represents the immediate releasing of space that was vacated by the current
tenant on December 31, 2002. TRW was represented by CB Commercial and Georgia
Medical was represented by Trammel Crow Company in these transactions.

TRW, Inc., is a wholly-owned subsidiary of Northrop Grumman, the nation's second
largest defense contractor. TRW is a leading provider of space technology and
defense mission systems to the federal government. Further information about TRW
can be found at Northrop Grumman's web site at

The Georgia Medical Foundation provides medical review and other health-care
related services to health-care professionals throughout Georgia. Further
information about the Georgia Medical Foundation can be found at the
Foundation's website at

Certain matters discussed in this press release may be, forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Although Koger Equity, Inc. believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions; there can be no
assurance that its expectations will be attained. Certain factors that could
cause actual results to differ materially from the Company's expectations are
set forth as risk factors in the company's SEC reports and filings, including
its annual report on Form 10-K. Forward-looking statements are not guarantees of
performance. For forward-looking statements contained or incorporated by
reference herein, the Company claims the protection of the safe harbor for
forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995. The Company assumes no obligation to update or supplement
forward-looking statements that become untrue because of subsequent events.

Koger Equity, Inc. owns and operates 124 office buildings, containing 8.93
million rentable square feet, primarily located within 16 suburban office
projects in nine cities in the Southeastern United States and Houston, Texas.

Additional information about Koger is available upon request to Investor
Relations, 433 Plaza Real, Suite 335, Boca Raton, Florida 33432-3945, or call
1-800-850-2037, or visit Koger's website at