Frequently Asked Questions -
Real Estate Services

No, there is no extra cost involved.

We cover 23 non-English languages including French, Arabic, and Chinese. First, we translate the lease into English and then abstract and integrate it into the client database.

We have a dedicated team that is trained in lease abstraction. It is handled manually to ensure utmost accuracy and diligence.

The abstraction per se is not handled through the tool. However, allocation and reporting are managed using the workflow tool, which helps us to streamline the process, increase visibility, and maximize productivity.

The usual turnaround time to abstract an English lease is anywhere between four and eight hours. The TAT for 50 leases is 10 working days.

Yes, we believe in minimizing the risk for both our clients and ourselves; that is why we have an indemnity insurance cover for USD 1 million.

Since we handle various types of leases, our team has developed an expertise in identifying critical information and managing abstractions for various contracts. So, yes, we can handle both loan and joint venture agreement abstractions. Clients who are interested in this service may please share some sample documents for us to evaluate.

We have an integrated team of abstractors, reviewers, and quality auditors who have a diverse background and experience in lease management.

We manage a range of lease types including commercial, residential, office, industrial, retail, warehouse, storage, equipment, ATM, multifamily, and tower leases.

Yes, dispute management is a part of our suite of services. Since CAM disputes are common and can be costly for landlords, we ensure disputes are resolved quickly to minimize risk and improve the relationship between landlord and tenants.

Springbord has an experienced team with an extensive lease management background. We have both the resources and the tools to efficiently manage an equipment leasing portfolio. By proactively managing equipment leases, we can help companies realize great savings, renew leases on time, and above all, avoid paying penalties or late fees at the end of the term.

We have a specialized team that is trained in general ledger coding. We use advanced tools to code to ensure data accuracy, reduce invoice processing costs, and simplify monitoring and tracking of credits and debits.

We have expert resources who can handle triple net leases. Our approach is cost effective, which allows us to help investors and property owners realize maximum returns on their investments. Plus, robust governance protocols and reporting offer in-depth visibility into property portfolio performance and trends.

Outsourcing enables companies to optimize their in-house resource utilization, allowing them to focus on more strategic and core functions. Besides, by partnering with us, organizations can build agility to effortlessly meet scalability requirements. They can ramp up resources easily to manage higher volumes at a fraction of the cost and effort that they might otherwise incur.

It is decided based on the complexity of the contracts and the volume of the lease portfolio. This makes it viable for businesses, as they can opt for custom services based on their budget and requirements.

We have a 45-member team that has comprehensive knowledge and extensive experience, ranging from 2 to 12 years, in handling lease abstraction, administration, property accounting, and CAM reconciliation processes.

We have flexible engagement models based on project requirements and specifics. We have a shared-resources model as well as dedicated teams allocated for some of our clients.

We are specialized service provider. While we do not provide tools, we use advanced technology solutions/tools to render our services and ensure operational efficiency and maximal returns for our clients.

We offer a no-obligation pilot that you can opt for to evaluate our capability and service delivery.

We have a flexible pricing model and offer both full-time-employees-based (FTE-based) and unit-based pricing to suit business-specific requirements.

We believe in complete preparedness, which can help alleviate any risk for both parties. That is why we have a liability insurance cover of USD 2 million and an indemnity insurance for USD 1 million.

Amnet, which is part of the parent group “Enerji,” has offices in the United States. Based on our client requirements, we can provide onshore support.

We most certainly can. However, as you are probably already aware, every engagement is bound by confidentiality; therefore, we can provide references only upon the consent of our clients.