Lease Audit Services
How Much Are You Paying in Operating Expenses?
When it comes to Common Area Maintenance (CAM) and operating expense pass-throughs, nothing is more frustrating than an unexpected and excessive increase.Because CAM and operating expenses are not stipulated in the lease audit,, it is vital for tenants to review and address questionable charges proactively.
Since the statements provided by your landlord are usually not clear, bringing in an expert is essential. While many real estate professionals will offer to audit your CAM statements, it is critical you bring in someone who knows the ins and outs of real estate management and accounting.
Our lease audit team has helped companies identify millions in erroneous charges and knows how to communicate and work with landlords to deliver the best outcomes. We are happy to provide a complimentary review of your lease to identify any red flags that may warrant further investigation.
Get a Complimentary Lease Review
The initial review of operating expenses is complimentary. If we confirm the validity of the charges, there is no cost. If we can identify any red flags in the statements, we will proceed with documenting our findings and reach out to your landlord to discuss our concerns. Our standard contingency fee is 35% of recovered savings, however hourly arrangements are also available.
From the Blog
News & Updates
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.
With 2021 around the corner, commercial property owners have begun sending tenants updated operating expense charges for the new year ("CAM charges"). What many tenants are finding very surprising is that in a time when they need to cut back on expenses to get...
Under normal circumstances, a 2-4% increase in operating expenses could be expected. However, in our current COVID-19 environment where businesses are struggling to control costs, properties should be looking to keep CAM budgets flat for the upcoming year.
Talk to an Advisor
Reach out for a no-pressure conversation to see if National Lease Advisors is a good fit for your real estate needs