Leasing a commercial property always brings with it the fear of making overpayments to the Landlord along with the risk of missing out renewal and expiry dates. Complete Legal outsourcing assists both Landlords and Tenants by offering effective commercial lease administration services that keeps a check on the overpayments and reduces the risk of missing out important dates. Complete Legal Outsourcing’s Commercial Lease Administration and Abstraction Services provide accurate abstracts that are easy to understand thus assisting in effective lease management.
An organization’s real estate obligations are one of its biggest expenditures. While in-house resources may handle some places, it can be a substantial burden on sources to cope with an organization’s expanding real estate portfolio. A perfectly implemented commercial lease administration services can offer crucial management of your real estate portfolio along with the advantage of insight into the real estate portfolio and its influence on the business.
Complete Legal Outsourcing’s commercial lease administration services offers businesses to outsource their lease abstraction projects to skilled resources who assist in avoiding overpriced omissions. Our experienced resources perform as part of the client’s own team, maintaining checks on the details of leases thus allowing them time to focus on other business goals. From industrial sector to financial institutions, businesses based across the globe are profiting from the lease abstraction services offered by Complete Legal Outsourcing.
The skilled commercial lease administration services team at Complete Legal Outsourcing is well trained using latest methodology and caters to clients based across the globe. The team abstracts even the minute details that the lease may contain so as to avoid any over-payments and provides the client with a comprehensive and accurate lease abstract within a stipulated time period ensuring all crucial information captured from a commercial lease document is available at user’s fingertips. Our c lease abstraction services facilitate the business by adopting latest reforms and capturing accurate data relating to recurring expenses, renewal terms, renewal rent, operating expenses, CAM, etc. for FASB reporting. Our team religiously follows an in-house developed checklist to ensure that no relevant data has been missed.
We use an in-house developed Software for abstraction, however, it is also done manually as per the client requirements. Our commercial lease administration services team carefully reviews all leases and customizes the abstraction template, if the need arises thus ensuring that all critical data is captured. We provide quality abstracts that make managing leased property simple and easy. The client has complete control on how much data he wants to be abstracted from a list of over two hundred items that commercial lease administration services team offers. We also draft a template from scratching for meeting client requirements and expectations. Complete Legal Outsourcing provides lease abstraction as an alternative with the preliminary execution or as a individual project without compromising on quality.
As a business evolves and grows, maintaining trail of critical dates, payments, renewals, and negotiations can be a time-consuming task and can result in inefficiency and unnecessary expenditure. Outsourcing commercial lease administration services and lease abstraction services can prove beneficial as it saves both time and money. Complete Legal Outsourcing’s dedicated team discovers prospects, reveals savings, evades risks, and effectively manages landlord and tenant interactions thus giving you ample time to focus on other core business activities.
Our Commercial Lease Administration Services comprises of but are not limited to:
Document Updates
Ongoing Lease Data Management
Reporting
Critical Date Management
Our Lease Abstraction Services comprises of but are not limited to:
Initial document review
Template drafting and customization
Abstraction of leases along with Amendments and Exhibits
Stringent quality checks for all lease abstracts
Document uploads
Ensure the maximum output from your leased property. Partner with Complete Legal Outsourcing’s commercial lease administration services and lease abstraction services team to ensure maximum benefits. We abstract and manage your leased properties by carefully reviewing the lease documents, abstracting the critical info, and providing our clients with a quality abstract containing all the key info at their fingertips. Outsource your projects today and allow us to take care of the rest. Our skilled resources along with our twenty-four by seven work environment ensure timely delivery without compromising on quality. So if you are looking for a reliable partner for all your projects related to commercial lease administration services and lease abstraction services, Complete Legal Outsourcing is the right choice. Partner with us and put a stop to all extra payments. Get your leases abstracted either manually or through OnPoint, a lease abstracting Software developed by Complete Legal Outsourcing. Outsource all lease abstraction services related projects and enjoy the benefits of outsourcing.
Benefits of Legal Process Outsourcing – Top Ten Things You Need to Know