8 Tips When Negotiating a Lease Amendment
Tips we have come up with to ensure your next amendment helps provide the clarity and protections a tenant needs.
For Credit Unions: A Turnkey ASC 842 and Lease Administration Solution
As we enter the final stretch of 2021, transitioning to the new lease accounting standard, ASC 842, is becoming a challenge for many organizations. National Lease Advisors provides its clients with a turn-key solution that brings together our expertise in lease...
Leasing Tips: It’s Time for 2022…Base Years
As we enter the final stretch of 2021, we want to remind tenants and their brokers to push for a 2022 Base Year on new leases and extensions. As lease administrators and tenant advocates, it can be frustrating to see a client commit to a new or extended term that...
Leasing Tips: Avoiding Surprise Capital Expenses
As advocates for tenants, one of the most frustrating observations the lease administration and lease audit team at National Lease Advisors makes is landlords taking advantage of loose lease provisions to pass through excessive capital expenses. The debate between...
ASC 842 – A Guide to Embedded Leases
With the adoption of ASC 842 comes the challenge of identifying embedded leases. While the concept of embedded leases also existed under ASC 840, the treatment of expenses under these contracts did not vary from other operating leases, so the identification was...