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Commercial
Lease
Admin
Services
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Commercial Lease Administrative Services (CLAS)
BENEFITS:
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- Detailed understanding of all critical lease dates, dollars,
and clauses with appropriate data populated into the CLAS database
- Scanning of all legal documents into the CLAS database in
preparation for Hyper linking
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Operational cost savings due to reduced personnel requirements
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Start-up cost savings due to “free” software
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Electronic backup of all legal documents due to scanning and web
display
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Advance review of critical decision dates for options and rights
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Intensive review of costs to ensure accuracy and legitimacy
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Ability for multiple users to view the same document or same
report simultaneously
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Ability to decide who can view information and to choose what
level of information a particular user can access
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Review of CAM Reconciliations, Operating Expense true-ups
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Referral service for field audits of expense issues if necessary
- Quick reference to important lease-related contacts
- Easy to read Lease Abstract that is always updated so as to be
current
- Special reports to compare to Real Estate rent roll data
- Special Expiration Report to show the entire picture of
relevant dates, options, clauses
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