Lease Management

What is lease management ? Lease management  services assists Landlord(s) holding income generating real estate assets and Tenant (occupying premises on rent) , in managing their Lease agreements, Contracts and Leave & License agreements by abstracting and summarizing key provisions contained in such agreements.

Why Lease management ?The obligations of a lease require constant attention long after the terms are forgotten by the parties who negotiated them. The consequences of missing an obligation in a lease can be costly. Imagine the potential cost of failing to provide timely notice to extend the term or being unaware of a renewal/ termination.

What does it provide?It provides  accurate, ready-to-use, timely information in a consistent format to make an intelligent decision regarding the Lease.

What are its constituents ?

  • Lease Abstraction : An accurate and timely comprehensive summary in a consistent and easy to read format.
  • Lease Monitoring : Effective key date management  and resulting in timely communication on the way forward in a lease .
  • Lease Document Management : Scanning paper leases and documents into PDF format. Once scanned, documents are uploaded into a server space for access.
  • Lease Restructuring :  Helps in avoiding the potentially devastating pitfalls of post-deal resentment and retribution bringing a wealth of positive benefits.

Leave a comment

Filed under Lease Management

Leave a comment