Professional Lease Abstracting
Quality Lease Administration
Real Estate professionals understand the impact of a missed renewal or how failure to comply with an exclusion clause can have on the bottom line. These services offer data entry, validation and desktop audits to ensure all critical data is captured completely and correctly in your database. It’s a good idea to have a lease abstracted each time there is a change in the terms of the lease, even for common changes such as a rent increase. Having it abstracted every time there is a change in terms will make sure that there are no surprises for either the landlord or the lessee.
| | SERVICES: |
| 1 | Desktop Lease Audits |
| 2 | Lease Abstracting which includes: |
| 3 | Proportionate share computations |
| 4 | Common Area Maintenance (CAM) Expense Review |
| 5 | Operating Expense Clause Abstraction |
| 6 | Overtime HVAC Charge Occupancy |
| 7 | Marketing and Promotional Charges Review |
| 8 | Utility Charge Review |
| 9 | Rent Step Verification |
| 10 | Prorata Share Calculation Verification |
| 11 | Holdover Clause Abstraction |
| 12 | Right of First Refusal Review |
Our Lease Abstract service also ensures that the abstract accurately summarizes the essential information, such as insurance responsibilities and maintenance responsibilities for both the Landlord and the Lessee.
A complete lease abstraction must be prepared before it is possible to perform financial modeling for an acquisition. The lease terms will dramatically affect current and future cash flows. We can complete a lease abstraction to mitigate your risk. We can also handle the preliminary review of your CAM statements via Tenant Desktop Audits. We are accustomed to complex assignments.
To obtain more information on lease abstraction services and prices:
Click Contact Us
Prices will vary depending on complexity of the lease.
Also check my associate's basic QuickBooks services at:
lightbookkeeping.org