What are the most important skills to look for in a lease audit firm?
The most important skills to look for in a lease audit firm are:
- Level of expertise in analyzing and interpreting lease clauses
- Proven history of recovering money from landlords while preserving landlord-tenant relationships
- Ability to integrate client needs and preferences in the pursuit of claims
- Ability to discern weaknesses in lease structures and lease administration practices, so that appropriate and effective steps can be taken to correct them going forward.
The more the lease audit firm can offer in these four critical areas, the greater the benefit will be to your company.
For a more detailed discussion of this issue, please see KBA’s Lease Tip, “Criteria for Selecting a Lease Audit Firm”.