Are you being over charged?!
We believe it is in the best interest of every tenant to initiate an audit of the additional rent currently being charged for the space. Not only the common area cost, but the property tax allocations and any other significant contributions like promotion or advertisement fund payments.
It is a key resource to have someone who understands how to decipher a Landlord’s year end billing statement and knows how to read a commercial Lease.
Your Landlord will be issuing the 2018 year end billings very soon, if not already. For each of our clients, we suggest a comprehensive review of the Landlord’s submissions to ensure the billings are inline with the terms of the Lease.