Real Estate Lease Advisors, Inc.
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 Operating Expense Audits
 Lease Analysis


Operating Expense Audits 

 
 

Real Estate Lease Advisors, Inc. has established a three-step process to ensure that a tenant pays annual escalations that comply with the individual lease and proactively identifies cost saving opportunities.

The steps are as follows:

Step 1:
Preliminary Review of Operating Costs usually performed free of charge, we determine if a detailed landlord audit is necessary. Included will be a letter summarizing the audit rights, cost comparison and other relevant analysis.

Step 2:
Detailed Operating Expense Analysis including a detailed analysis of operating expense and tax lease provisions, compliance verification against landlord books and records, physical review of operating procedures to assure prudent building management practices and abstract lease provisions. A report is issued for every location reviewed, providing specific comments and analyses.

Step 3:
Recovery Support RELAI will assist you in the negotiation, arbitration or litigation with your landlord to obtain recovery. Our involvement in recovery procedings adds credibility to your claims.