What is a lease audit?
A lease audit process seeks to ensure that rental charge calculations respect the various lease clauses and should this not be the case, to identify and recover any excess charges from the landlord.
Requesting an audit of your lease could be worth a great deal. In addition, it pays!
Did you say «impossible»?
Overpaid Rent
Commercial tenants would do well to acknowledge that overbilling of rental charges is a widespread reality.
Why and when should I perform a lease audit?
Immediate Savings
If a lease audit is performed at a strategic time during the term of the lease, it could prove a powerful negotiation tool for the tenant.
What kind of billing errors will we find?
They are various & numerous
Various types of rental billing errors can emerge during a lease audit. These can be intentional or accidental, honest or dishonest, predictable or unpredictable.
What we have recovered so far for our clients
overpaid rent
$
the biggest claim
$
8.66 $/sq.ft./year
Get your money back!
Are you a tenant of an office or retail space? Calculate the amount you could recover from a lease audit.
Commercial leases: financial, operational and legal impacts for the tenant
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Here’s why the timing is great for performing a lease audit
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HOW TO PREVENT DUPLICATION OF COSTS RELATIVE TO ADMINISTRATION FEES IN COMMERCIAL LEASES
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