Client Log-in

Lease Audit Blog

July 24, 2012

Bringing the Field to the Desk: Lease Audits in a Digital Age

If you have ever been involved with an on-site lease audit of a landlord’s books and records, you would know that landlords hate them. With the widespread use of digitized record-keeping, many landlords are opting to send such records to their tenants electronically. This article discusses the benefits and limitations of sharing digital copies of Operating Expense/CAM records, and suggests sample lease language for that purpose.

Tags: , , , , , , , , , , , , , , , ,

Read full story.

April 17, 2012

Your Landlord is Getting Over on You.

It’s the end of April, and you should have received your operating expense and tax reconciliations from 2011. But you face a problem: the receipt of these statements starts the clock on when you must notify your landlord of errors. If you don’t, your statements are “deemed” conclusive and binding, regardless of how blatant or obvious errors may be.

This article will show you how to deal with this costly restriction and to avoid it in the future.

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

Read full story.

February 17, 2012

Before You Move Into an Empty Building, Know This

Why would a tenant’s operating expense bill be 10 times higher than expected just 2 years after occupying new space? Many real estate professionals will tell you that 80-90% of all corporate leases suffer from deficiencies; the question is–can you identify and remedy them? We’d like to arm you with some information to help navigate these waters and avoid some of the more dangerous issues. This LeaseTip addresses the dilemma a tenant that moves into an empty building can face.

Tags: , , , , , , , , , , , , , , ,

Read full story.

July 12, 2011

Grossing Up Operating Expenses in Commercial Leases

Gross-ups are adjustments to building expenses that are made when such expenses are below normal levels because of building vacancies and other factors.

Tags: , ,

Read full story.

September 18, 2010

Help Comment on the FASB/IASB Lease Accounting Changes

KBA has received numerous responses to our latest Lease Tip, The Impact on Corporate Real Estate of Lease Accounting Changes under GAAP.  We are preparing to provide comments to the FASB/IASB exposure draft regarding the following aspects of the changes and would like to invite you to join us. LET YOUR VOICE BE HEARD BY [...]

Tags: , ,

Read full story.

March 3, 2010

6 Reasons to Check Your Lease’s Operating Expense Bill

Landlords are devoting more time and professional resources to increase revenue. As evidence of this, landlord-oriented articles are appearing in various publications suggesting how to uncover hidden income from tenants through greater attention to tenant pass-throughs. Now more than ever, tenants should be reviewing their leases and bills to make sure they do not contain overcharges or errors. Here are 6 reasons why tenants should increase their vigilance with respect to operating expenses and other pass-through charges.

Tags: , , , , , ,

Read full story.

March 2, 2010

6 Reasons to Check Your Lease’s Operating Expense Bill

Landlords are devoting more time and professional resources to increase revenue. As evidence of this, landlord-oriented articles are appearing in various publications suggesting how to uncover hidden income from tenants through greater attention to tenant pass-throughs. Now more than ever, tenants should be reviewing their leases and bills to make sure they do not contain overcharges or errors. Here are 6 reasons why tenants should increase their vigilance with respect to operating expenses and other pass-through charges.

Tags: , , , , ,

Read full story.

Get KBA lease tips

Learn from industry experts.