Was wondering if it's possible to create rules in Record Permission via API or any other means. Searched in the documentation but nothing came up. Appreciate any help or workaround to achieve the same.
Nope, the only way to configure RP behaviour is to do it directly via RP field options in the Application Builder.
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Probably, if u could explain about the issue- there could be more precise answers with possibilities..
If appropriate- You could create calculated cross references, for several conditions and then use restricted Inheritance...