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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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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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Commercial Lease Estoppels 101

Commercial Lease Estoppels 101

by NLA Team | Feb 20, 2024 | Lease Administration, Blog, Leasing Tips

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...

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Navigating the 2023 Reconciliation: A Guide for Commercial Tenants

Navigating the 2023 Reconciliation: A Guide for Commercial Tenants

by NLA Team | Jan 23, 2024 | Lease Administration, Blog, Lease Audit Services

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...

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Sales Tax on Commercial Rent: A State and City Overview

Sales Tax on Commercial Rent: A State and City Overview

by NLA Team | Dec 3, 2023 | Lease Administration, Blog

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...

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