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Lease Administration: Real Examples of 2024 Client Savings (Part One)

Lease Administration: Real Examples of 2024 Client Savings (Part One)

by NLA Team | May 21, 2024 | News, Lease Administration, Blog

Each year National Lease Advisors saves in excess of $2,000,000 for our lease administration clients. We take pride in achieving these savings and believe that looking for recoveries, big and small, is essential to adding value to our clients and building trust. We...

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Overview of Commercial Lease Security Deposits

Overview of Commercial Lease Security Deposits

by NLA Team | May 7, 2024 | Blog, Leasing Tips

As a lease administration company, we see many leases and many different security deposit structures. Below is an overview of security deposits, different factors that determine security deposit form and amount, and return of the security deposit at the end of the...

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Reduction in Commercial Rent Sales Tax in Florida: What Tenants Should Know

Reduction in Commercial Rent Sales Tax in Florida: What Tenants Should Know

by NLA Team | Apr 30, 2024 | Lease Administration, Blog

In a move that is poised to benefit businesses across Florida, the state government has announced a significant reduction in the commercial rent sales tax, which will be lowered from the current rate of 4.5% to 2.0% starting June 2024. This change marks a substantial...

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Overview Of Different Operating Expense Structures

Overview Of Different Operating Expense Structures

by NLA Team | Apr 1, 2024 | Lease Administration, Blog, Leasing Tips, Lease Audit Services

In a commercial real estate lease, the operating expense structure outlines the costs associated with operating and maintaining the property. These expenses can include property taxes, insurance, maintenance, repairs, and utilities. Depending on the lease agreement,...

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Recent Law Firm Lease Audit Recovery Highlights

Recent Law Firm Lease Audit Recovery Highlights

by NLA Team | Mar 1, 2024 | Lease Audit Services

In the complex world of lease management, operating expenses represent a significant portion of a law firm’s real estate budget. Given their impact on a firm’s financial health, the review of operating expense statements through a lease audit becomes not...

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