
Real Estate
Real Estate occupancy costs are typically one of the largest expenditures for most companies. In the majority of commercial real estate leases, tenants are required to pay for their share of building operating expenses, taxes and utilities. These obligations are deeply within into the lease language and are often complex and therefore too time consuming to analyze and manage the costs.
What is a lease audit?
Cost Management Group's Lease Audit team will complete a thorough analysis of these charges to ensure that they are consistent with the lease language. Our process is an intensive analysis of these charges, and includes an investigation as to underlying intent, scrutiny of lease wording, a comparison of costs to market rates, and a review of the landlord's books and records.
The audit also involves the presentation of claims and findings to the landlord and the recovery of overpayments. Cost Management Group takes pride in our ability to handle claims while maintaining an excellent landlord-tenant relationship. Our professional approach is based on ensuring our claims are valid, supportable, well documented and are presented with our Clients' prior knowledge and approval.
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