[et_pb_section fb_built=”1″ fullwidth=”on” module_class=”about-slider” _builder_version=”3.22″][et_pb_fullwidth_slider show_arrows=”off” show_content_on_mobile=”off” show_cta_on_mobile=”off” admin_label=”Entete de page” _builder_version=”3.16″ custom_padding=”150px||150px|” custom_padding_tablet=”100px||100px|” custom_padding_phone=”70px||70px|” custom_padding_last_edited=”on|phone” auto=”on” auto_speed=”3500″ show_inner_shadow=”off” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][et_pb_slide heading=”Lease Audit” image=” ” use_bg_overlay=”off” use_text_overlay=”off” _builder_version=”3.16″ header_font=”||||” body_font=”||||” background_color=”#003479″ background_image=”https:\/\/www.gestionmjs.ca\/wp-content\/uploads\/2018\/01\/Montreal.jpg” background_blend=”multiply” button_on_hover=”on” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off” sticky_transition=”on”][\/et_pb_slide][\/et_pb_fullwidth_slider][\/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” disabled_on=”off|off|off” admin_label=”Section – Text” module_id=”auditdefinition” _builder_version=”3.22″ custom_padding=”||0px|” custom_padding_tablet=”” custom_padding_phone=”” collapsed=”off”][et_pb_row column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ module_class=”row-with-border” _builder_version=”3.25″][et_pb_column type=”1_2″ _builder_version=”3.25″ background_position=”top_left” custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.gestionmjs.ca\/wp-content\/uploads\/2018\/02\/interieur-commercial.jpg” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”3.23″ animation_style=”slide” animation_direction=”right” animation_duration=”500ms” animation_intensity_slide=”10%” always_center_on_mobile=”on”]
\n[\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”3.25″ background_position=”top_left” custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text – Qu’est-ce audit bail (en)” _builder_version=”3.27.4″]<\/p>\n
With most commercial leases (office, industrial and retail space), tenants must, in addition to the fixed base rent, pay an additional rent amount that theoretically represents their proportionate share of the realty taxes and operating costs of the building in which their premises are located.<\/p>\n
The audit of commercial lease rental charges, known as a lease audit<\/strong>, is an in-depth review carried out to ensure that tenant occupancy costs are calculated in compliance with the provisions of the lease. A lease audit process seeks to ensure that rental charge calculations respect the various lease clauses<\/strong> and should this not be the case, to identify and recover any excess charges from the landlord.<\/strong><\/p>\n A lease audit could thus be defined as a strategy to achieve occupancy cost savings used by diligent commercial tenants<\/strong> to recover overpaid rent amounts and control operating costs.<\/strong><\/p>\n Contact Us \u00bb<\/strong><\/a> Simply put, because your landlord no doubt owes you money!!!<\/strong><\/p>\n Without exception, every single lease audit mandate entrusted to MJS by a client resulted in the recovery of overpaid rent charges!!!<\/p>\n At the start of every mandate, we always ask by how much<\/u> the landlord has overcharged his tenant and not if<\/u> he has overcharged. Commercial tenants would do well to acknowledge that overbilling of rental charges is a widespread reality in today\u2019s real estate market<\/strong><\/p>\n Here are some points to consider:<\/strong><\/a><\/p>\n [\/et_pb_text][et_pb_accordion open_toggle_text_color=”#A29061″ _builder_version=”4.9.4″ _module_preset=”default” toggle_text_color=”#A29061″ toggle_font_size=”18px” body_font_size=”17px”][et_pb_accordion_item title=”Concentration of Power and Lack of Supervision.” open=”on” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n Imagine this… <\/strong>The landlord bills the base rent, oversees the measurement of the leased premises and building, manages the operations, hires and pays for the services of tradesmen, calculates and bills additional rent, and so on. He controls every aspect of a building\u2019s management and administration, as well as all lease provisions, but is rarely subject to a lease audit by a tenant\u2019s representative. This concentration of power in the hands of landlords combined with a lack of surveillance from which they benefit from, has allowed landlords to \u201chelp themselves\u201d, much like when we go to an \u201call you can eat buffet\u201d!<\/strong><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Complexity of the Leases” _builder_version=”4.9.4″ _module_preset=”default” open=”off”]<\/p>\n Commercial leases are voluminous legal documents drafted in a sophisticated legal jargon. The varied lease clauses related to rental charges are complex and very difficult to interpret and administer.<\/strong><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Unfair Play” _builder_version=”4.9.4″ _module_preset=”default” open=”off”]<\/p>\n Landlords have expert knowledge and a thorough understanding of their properties, the real estate market and lease administration practices. Tenants are therefore at their mercy.<\/strong><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Misinterpretation of Clauses” _builder_version=”4.9.4″ _module_preset=”default” open=”off”]<\/p>\n Even though additional rent clauses are drafted with the utmost care, the nature of these provisions can lead to different interpretations, depending on each party\u2019s understanding. Since lease clauses are always administered by landlords, they are often interpreted at the tenant\u2019s expense.<\/strong><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Standardized Billing” _builder_version=”4.9.4″ _module_preset=”default” open=”off”]<\/p>\n Most of the time, landlords\u2019 accounting staff does not take the time to fully understand every lease under management. They simply bill tenants additional rent charges according to the landlord\u2019s standard leases, and this even if a lease includes specific clauses and exceptions added following tenants\u2019 difficult negotiations with the landlord.<\/strong><\/p>\n [\/et_pb_accordion_item][\/et_pb_accordion][et_pb_text admin_label=”POURQUOI EFFECTUER UN AUDIT DE BAIL? (en)” _builder_version=”4.9.4″ text_text_color=”#777777″ text_font_size=”17px” header_text_color=”#003479″ header_line_height=”1.3em” module_alignment=”left”]<\/p>\n Rental charges are generally among companies\u2019 top operating expenses.<\/strong> Good lease management by tenants means more than paying rent on time, paying the annual adjustment of additional rent as billed by the landlord, exercising rights and fulfilling lease obligations within the deadlines specified in the lease. Good lease management requires a very specific and rare expertise.<\/strong> Companies wishing to go through a corporate reorganization or migrate to a new information technology will not hesitate to consult external tax or IT specialists and rely on the advice and guidance thus received to successfully complete their projects. A similar rationale must be applied to the expertise of lease audits. Very few companies, even those with commercial real estate professionals on their payroll, can pretend to internally possess such an expertise. <\/strong>In fact, the majority of our clients do have employees who are real estate experts, yet they still turn to MJS for help with lease audits and other services. It also bears noting that lease audits require significant time and resources that most companies do not have.<\/strong><\/p>\n Contact Us \u00bb<\/strong><\/a><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Section – Our Story” module_id=”avantages” _builder_version=”3.22″ collapsed=”off”][et_pb_row column_structure=”1_3,2_3″ use_custom_gutter=”on” gutter_width=”3″ _builder_version=”3.25″][et_pb_column type=”1_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.gestionmjs.ca\/wp-content\/uploads\/2018\/01\/edmonton.jpg” align=”right” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” disabled_on=”off|off|” _builder_version=”3.23″ max_width=”150%” custom_margin=”|||-50%” animation_style=”slide” animation_direction=”left” always_center_on_mobile=”on”] A lease audit obviously allows tenants to benefit from immediate and often very substantial rent savings<\/strong>, by notably recovering overpaid rent charges from their landlord. In addition to this immediate savings, a lease audit can also provide other non-negligible advantages. For example:<\/strong><\/a><\/p>\n [\/et_pb_text][et_pb_accordion open_toggle_text_color=”#A29061″ _builder_version=”4.9.4″ _module_preset=”default” toggle_text_color=”#A29061″ toggle_font_size=”18px” body_font_size=”17px”][et_pb_accordion_item title=”Future Cost Reduction” _builder_version=”4.9.4″ _module_preset=”default” open=”on”]<\/p>\n The impact of errors identified during a lease audit will often cover a period of several years in the future. This will in turn result in lower future occupancy costs for the tenant <\/strong>if the lease term does not expire in the short term, or on the contrary, if the lease is renewed or extended.<\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Powerful Negotiating Tool” _builder_version=”4.9.4″ _module_preset=”default” open=”off”]<\/p>\n 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, allowing him to obtain concessions from the landlord<\/strong> that the latter would have otherwise not been prone to concede. These include better lease conditions and more affordable rental rates on renewal, an exclusivity clause, cancellation right before the end of the term, relocation rights, and lease assignment or retrocession of excess space.<\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Improved Control & Governance” open=”off” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n After an initial lease audit, landlords generally expect leases to be audited (by the same tenant) within a relatively short timeframe. They will thus tend to administer tenant leases less aggressively in the future, <\/strong>in order to uphold their reputation and business relationships with tenants. In other words, the execution of a lease audit mandate levels the playing field <\/strong>between the parties and compels the landlord to show more respect for the tenant\u2019s control environment and governance practices.<\/strong><\/p>\n [\/et_pb_accordion_item][\/et_pb_accordion][et_pb_text admin_label=”Benefits of a lease audit” _builder_version=”4.9.4″ text_text_color=”#777777″ text_font_size=”17px” header_text_color=”#003479″ header_line_height=”1.3em” module_alignment=”left”]<\/p>\n
\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Section – Our Story” module_id=”pourquoi” _builder_version=”3.22″ background_color=”#f9f9f9″ collapsed=”off”][et_pb_row column_structure=”1_3,2_3″ use_custom_gutter=”on” gutter_width=”3″ _builder_version=”3.25″][et_pb_column type=”1_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.gestionmjs.ca\/wp-content\/uploads\/2018\/02\/gestion-mjs-effectuer-audit-bail-2.jpg” align=”right” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” disabled_on=”off|off|” _builder_version=”3.23″ max_width=”150%” custom_margin=”|||-50%” animation_style=”slide” animation_direction=”left” always_center_on_mobile=”on”]
\n[\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”POURQUOI EFFECTUER UN AUDIT DE BAIL? (en)” _builder_version=”4.9.4″ text_text_color=”#777777″ text_font_size=”17px” header_text_color=”#003479″ header_line_height=”1.3em” module_alignment=”left”]<\/p>\nThe reasons for a lease audit:
Uncover the dark side of your rent<\/h1>\n
\n[\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Benefits of a lease audit” _builder_version=”4.9.4″ text_text_color=”#777777″ text_font_size=”17px” header_text_color=”#003479″ header_line_height=”1.3em” module_alignment=”left”]<\/p>\nThe benefits of a lease audit:
To save you lots and lots of money.<\/h1>\n