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Category: Real Estate

Top-3-aspects-to-consider-when-dealing-common-area-maintenance-expenses
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Tuesday, 01 February 2022 / Published in CAM Audit, Real Estate
Top 3 aspects to consider when dealing common area maintenance expenses
Common area maintenance cost (CAM) forms a big part of the commercial occupancy cost. CAM expenses are integral to any commercial leasing contract, and it benefits both tenants and the landlord. That said, tenants tend to have very little control over or visibility into the CAM expenses and it is the landlord who has the
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How-to-choose-a-right-CAM-audit-service-provider
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Monday, 31 January 2022 / Published in CAM Audit, Real Estate
How to choose a right CAM audit service provider
Common area maintenance cost (CAM) forms a big part of the commercial leasing expense. It is often a source of stress and contention for tenants as CAM costs do not follow a set structure and there is a certain lack of transparency as to how they are calculated.  While most tenants pay CAM expenses in
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3-ways-to-improve-lease-administration-efficiency
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Wednesday, 12 January 2022 / Published in Lease Administration, Real Estate
3 ways to improve lease administration efficiency
Lease administration has evolved from being a support function to a more strategic role that allows industry players to optimize lease portfolio performance. An efficiently managed lease administration can help gain complete access to the lease portfolio, improve risk assessment and management, maximize recoveries, and ensure timely accounting and compliance.  That said, given the wide
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Should-you-invest-in-a-software-or-outsource-lease-abstraction
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Monday, 10 January 2022 / Published in Lease Abstraction, Real Estate
Should you invest in a software or outsource lease abstraction?
Lease abstraction has emerged to be a critical process in managing lease portfolios efficiently. The summary of important and critical lease terms and clauses and relevant lease data allows property managers and landlords to access lease data quickly. This makes executing lease terms and making informed decisions easy and seamless.  With the growing demand for
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Choosing-the-right-CAM-reconciliation-partner
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Monday, 03 January 2022 / Published in CAM Reconciliation, Real Estate
Choosing the right CAM reconciliation partner
Common area maintenance (CAM) reconciliation is one of the most critical tasks of commercial lease administration, which if not done correctly can result in significant losses. CAM reconciliation is a complex, tedious, and time-consuming activity and your team is under constant pressure to get it done accurately and in a timely.  This makes the process
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Stop-overpaying-and-control-your-expenses-with-professional-CAM-Audit-services
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Monday, 20 December 2021 / Published in CAM Audit, Real Estate
Stop overpaying and control your expenses with professional CAM Audit services
As a business owner you are burdened with a slew of responsibilities, one of which is optimizing the cost of doing business. Amongst which maintaining and managing the lease for the business premise ranks top on the priority list. However, given the myriad business and operational demands, it hardly comes as a surprise that some
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Is CAM reconciliation a challenge? See how you can fix it.
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Thursday, 16 December 2021 / Published in CAM Reconciliation, Real Estate
Is CAM reconciliation a challenge? See how you can fix it.
Common area maintenance (CAM) expenses are one of the most complicated yet important parts of any commercial lease agreement.  CAM expenses do not have a standardized process for calculation and reconciliation which is why it often tends to be a point of contention between tenants and landlords. Lack of transparency also often tends to make
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How good property accounting can help maximize profit for your assets
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Monday, 13 December 2021 / Published in Property Accounting, Real Estate
How good property accounting can help maximize profit for your assets
While real estate is a lucrative business it is also characterized by volatile markets and complicated operations. When it comes to the real estate market, it is given that scaling your business is what is going to help generate profit and create wealth. Real estate players often have a large portfolio of properties that is
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The critical role of lease abstraction and its role beyond
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Friday, 10 December 2021 / Published in Lease Abstraction, Real Estate
The critical role of lease abstraction and its role beyond
Lease abstraction is essentially a summary of important and critical lease terms and clauses and relevant lease data extracted from an original signed lease contract. Lease abstraction helps property managers and landlords review, assess, and execute leases easily.  That said, while lease abstraction simplifies the process of lease management, the process of extraction is tedious
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CAM-Reconciliation-Avoid-the-risk-of-landlord-tenant-dispute-over-faulty-CAM-charges
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Thursday, 11 November 2021 / Published in CAM Reconciliation, Real Estate
CAM Reconciliation – Avoid the risk of landlord-tenant dispute over faulty CAM charges
Common area maintenance (CAM) expenses are operating expenses that are shared by the tenants on a pro rata basis. CAM charges are not standard expenses, they vary greatly depending on various factors, because of this CAM reconciliation has emerged to be one of the most tedious and complex processes. Despite landlords/property managers efforts to simplify
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