Property Works Blog

Missing Critical Dates Is Costly

Posted by Meredith Elkin on Jul 19, 2016 1:12:59 PM

When does my annual rent increase? 

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Topics: lease administration, Late Fees, lease, Critical Dates

Don't Let Your Unit Stand Empty

Posted by Meredith Elkin on Jun 20, 2016 3:29:50 PM

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:

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Topics: Subtenant Billing

Do You Know What You're Signing?  Part 2: The SNDA

Posted by Meredith Elkin on Jun 15, 2016 12:28:52 PM

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Topics: lease administration, snda, lease

Top 5 Most-Requested Reports!

Posted by Meredith Elkin on Jun 1, 2016 4:25:10 PM

 


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.

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Topics: lease administration, top 5 reports, Reporting Tools

Do You Know What You're Signing?  Part: 1 Estoppels

Posted by Meredith Elkin on May 12, 2016 10:41:34 AM

 

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Topics: Estoppels, lease

"Are those late fees I'm paying justified?"

Posted by Meredith Elkin on Apr 27, 2016 11:54:40 AM

Late Fees

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Topics: Late Fees

FASB Must Do's for 2016

Posted by Kimberly Finnegan on Mar 11, 2016 2:10:57 PM

 

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

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Topics: FASB, lease administration

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