When does my annual rent increase?
Whether you are the tenant to 100 leases or 3,000, it is incredibly common to find yourself with a closed unit and an opportunity to sublease. If your lease allows it, this is a great way to recoup any monetary obligations that you are responsible for through the terms of the lease. Just like your expense lease portfolio, there are ways to streamline the management process. Listed below are a few tips:
Topics: Subtenant Billing
Did you know Report ms has over 60 standard reports?
Knowing your portfolio of properties inside and out makes you an invaluable resource to your real estate team. Knowing your portfolio inside and out and being able to produce reports for various departments within your company makes you an invaluable resource to the whole company. More and more of our clients are taking advantage of the REportms software’s reporting features to deliver the most up-to-date information to their team members to aid in forecasting the future.
Topics: Late Fees
Do you know what to do?
It’s not too often that something rocks the world of lease administration. But the new lease accounting standards recently published by FASB did just that. It was a long time coming but it’s here, it can’t be ignored, and things are about to change – big time.
Click here to watch a video from FASB about the reasoning behind the changes.
We’ve been talking with retail and restaurant companies off and on for nearly 8 years about the“looming lease accounting changes”. Some have been anxious about this for years while others