Going the Extra Step: Utilizing Mapping Software to Control Common Area Costs ©
When monitoring what you pay to your landlord for Common Area costs it can often times be difficult to determine the accuracy and...
Managing Occupancy Costs Effectively ©
THE MUTUAL DEPENDENCY OF LEASE NEGOTIATIONS, LEASE ADMINISTRATION AND OCCUPANCY COST MANAGEMENT © In order to effectively manage the...
Reselling of Electricity or Other Utilities ©
Many landlords purchase utilities at primary rates from utility providers and resell the utilities at secondary rates to the tenants,...
Benchmarking is an essential component of effective tenant lease administration ©
Benchmarking is a process of identifying reasonable unit costs for landlord provided services based on the type and location of the...
"Costs" of Maintaining Common Areas: Adjoining Parcels ©
In many instances a landlord may have agreements in place to share the costs of certain expenses with other parcels owned by the...
Real Estate Tax Funds: Did you recieve your share? ©
Many leases provide that the tenant must pay its prorata share of real estate taxes on the “Property”. In many jurisdictions, the...
Management and Administrative Fees ©
Do you pay a management fee or an additional supervisory/administrative fee when the lease does not specifically call for one? What if...