Audits are knowing whether your Lease has been accurately administered by you Landlord. Office leases have become very complex and the lease administration of multiple leases by landlords are often left to relatively inexperienced professional staff.
Many gray areas interpretation frequently exist in lease language.
Possible overcharges could be attributed to Landlord financial issues, vacancy, construction, marketing and promotions to identify a few.
Our approach is addressing and solving solutions potential audit claims all in a non -adversarial effort.
Many Landlords base their billings on their standard lease language versus the lease you negotiated.
A large percentage of operating expenses and other landlord billings have material errors.
Have occupancy adjustments been calculated and applied accurately reflecting the actual vacancy at your building.
Has the Landlord billed the proper real estate taxes for your parcel and have any prior year abatements been disclosed and reflected in your current billings.
Expertise in analyzing lease language compliance is essential to recovering any past overcharges and eliminating any future over-billings.
Have capital expenditures been properly accounted for and only permitted ones escalated per your Lease.
Has the Landlord competitively bid major contracts and passed along the same pricing in your billing.