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,...
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...
As a commercial tenant, the start of a new year often brings with it the operating expense reconciliation statement for the previous year. The 2023 reconciliation is a critical document that reflects the actual expenses incurred by the landlord in operating and...
As a commercial tenant, the start of a new year often brings with it the operating expense reconciliation statement for the previous year. The 2023 reconciliation is a critical document that reflects the actual expenses incurred by the landlord in operating and...
As we bid farewell to another year, it’s an opportune moment for us to reflect on the past year and recognize the progress we’ve made at National Lease Advisors. Our journey through the past twelve months has been marked by significant growth, innovative...
The concept of levying sales tax on commercial rent can be a surprise to many, especially if they are not familiar with the few jurisdictions where this practice exists. Unlike tangible goods, services like leasing commercial real estate are not always subject to...