The commercial
Lease has become a complex instrument which provides Landlords the
ability to divert the burden of its operating expenses and taxes to
its Tenants. Even more significant, the Lease has now become a
source for additional profits for Landlords by creatively
calculating additional rents, and including expenses, carefully
hidden from view, in year end operating expense statements. Which
was once an instrument which provided a Tenant with a measurable
rent amount and a few anticipated additional rent charges, has now
become a volatile cost center that may or may not be performing
correctly.
Controlling and
analyzing the performance of a commercial Lease is vital for any
business that is earnest in their regard to not only managing their
exposure to inflationary increases in costs, but most importantly,
eliminating frivolous costs. Unfortunately for Tenants, real estate
accounting and lease administration require an incredible amount of
time and effort. However, bringing in the right specialist can save
you days, weeks, and even months of research and auditing.
