The various features of Lease Info Services’ Lease Management software tool are as follows ..
Lease Administration
Legal Audit
Establishes “What is there” in the Lease and “What is the lease silent” about
Lease Abstraction
Comprehensive summary of the salient facts of the lease with reference
Critical Date Monitoring
Effective system of key lease dates management with automatic notification
Document Bank
Central repository of key real estate document for instant retrieval & use
Lease Document Builder
Creates effective lease document covering stereo &scenario type clauses
Asset Management
Power Reports
- Premises details like contact information of the lessor/lessee,details of paid /unpaid car and two wheeler parking etc.
- Date Details like expiry date of lease,lock-in period and rent free period tenures and the rent commencement dates.
- Option Details such as termination notice,Right of first offer, Right of first refusal,Expansion,Contraction,Relocation , Purchase and Sale clauses.
- Commercial Details like fit outs ,amortization periods,maintenance charges,canteen rents,terrace rents and land rents.
- Rent Review Reports depicting escalation in security deposits and rents for premises,parking ,fit out,canteen,terrace and land.
- Clause Details like liability for insurance,signage,sub-lease,indemnity,dispute,Grounds for termination,alteration type,payment of penalty,major and minor repairs,terrace rights,hold over etc with reinstatement and force majeure.
Portfolio Reports :A report comparing different portfolios like premises,car parking,two wheeler parking,canteen,fit out and terrace of various properties.
Market Intelligence Reports :A report comparing the portfolios of the property with the prevailing market rentals.
Big Picture Reports :A report covering every aspect of lease property wise
Clear Vision Reports :A report comparing every aspect of all leases , within the portfolio wise.
Financial Management
Invoice Management :Easy to use system for invoice management & maintenance
Payment Management :Easy to use system for payment record and notice
Cash flow Reports :Report depicting all the cash inflow in case of landlord and cash outflow in case of tenant.
NPV Analysis Reports: The difference between the present value of cash inflows and the present value of cash outflows. NPV is used in capital budgeting to analyze the profitability of an investment