What are some Red Flags indicating discrepancies and overpayments?
• Changes In The Management Company • Accounting Changes In Billings From The Landlord • Move-In Activity and Tenant Fit-Up • Marketing, Promotional Events around The Building • Increases In Costs Greater Than 2-4 Percent From The Previous Year If one or more of these “Red Flags” has occurred at your building or leased premises, you should have your lease and reconciliations audited for potential overcharges. What information do we have to provide to get started? Information required includes leases, amendments, modifications, as well as any pertinent correspondence from the landlord. We would also require copies of annual statements, reconciliations, and assessments. Why use a Lease Auditing firm instead of an Accounting firm? Our staff accountants and experts go beyond the normal accounting review process. We evaluate the total transaction from the viewpoint of the negotiating parties and their original intent. Our auditors have the real estate knowledge not generally found in accoun
