Overview of Lease Management
Prepare the lease as per the agreements between Landlord and Tenant
Get all the details from Marketing Vendor during negotiations
1) Lease Initial term
2) Rent / CAM per Sq.Ft
3) Tenant Improvement Allowance (TIA)
4) Note Landlord contingencies if any
5) Rent increase per Annum, and prepare the yearly rent payable schedule in lease
6) Note if any special clauses are there in operating expenses
7) Renewal Options
8) Increase in Rent for each renewal
9) All the clauses should be aligned with our lease template
10) Tenant be a part of HVAC AMC plan
Prepare the draft lease agreement and share it with the marketing vendor for review, acceptance, or required changes from the end client/tenant.
Ensure all terms and conditions are aligned between the tenant and landlord by reviewing all lease clauses and resolving any disagreements between the parties.
Coordinate the execution of the lease by obtaining signatures and completing notarization from both parties.