PERFORMING LEASE AUDITS can present unique challenges due to the complexity of lease agreements and the need for accurate financial reporting.
Managing each lease from an occupancy expense compliance perspective can have a profound impact on a company’s bottom line. This priority poses lease administration challenges for both landlords and occupiers.
And the result is often a high likelihood of errors in landlord-billed occupancy expenses. Now, more than ever, occupiers must carefully scrutinize occupancy expense billings.
Mastering these challenges is a must.
And integrating a desktop review process into invoice payment procedures is more valuable than ever before.
There’s good news, however!
National Real Estate Tenants Associations’ Top 5 Lease Auditing Challenges course delves directly into these particular challenges. Focusing on the complexities that arise from lease agreements. And the need for precise financial reporting.
So, reserve your seat at the October 17 classroom now. This premier interactive educational training is intentionally designed to benefit today’s enterprising Lease Industry Professionals.
Through examples and case studies, participants and presenters will explore how to overcome common obstacles such as landlord responsiveness.
Furthermore, landlords ARE often inclined to cooperate with occupier information requests during the payment process, offering leverage that diminishes once the invoice is paid.
That way, overcharges identified and agreed upon during the desktop review can be offset against the amount due. And this can result in a timely reduction in occupancy expenses. Preserving the occupier’s cash flow to demonstrate its positive impact on the bottom line.