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: 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...
6 Common ASC 842 Mistakes Companies Make During Adoption
At National Lease Advisors, we have helped many companies get through a smooth adoption of the new lease accounting standard, ASC 842. Many of these companies had attempted to take on the accounting adoption alone but realized they needed significant assistance, so...
Lease Audit: Putting the 2020 CAM Reconciliation Under the Microscope
With many companies in cost-savings mode and fighting to get through this COVID-19 recession, there has never been a better time to review and validate operating expense charges for accuracy and ensure they comply with the lease. The process is simple, the savings can be significant, and tenants have nothing to lose by practicing this exercise.