Features· One-click access to leases, pictures or any other documents and remarks related to the properties, leases and subleases · Manages lease/sublease deadlines (notices, renewals, options or expiry) · Evaluates projected costs and revenues and automatically manages accounts receivable and accounts payable · Using advanced rebilling functions, deals with bills to pay (such as municipal taxes) and charges them back, in whole or in part, to tenants (franchisees, affiliates, subsidiaries) · Creates estimated and actual recovery invoicing as per the ratio calculated for each lease · Manages the allocation of expenses and year end adjustments · Automatically invoices/validates percentage rent by keeping track of various sales levels, break-even point, deductions and calculation methods · Automatically manages rent raises (escalator clauses) · Produces various reports: revenue/cost per property or unit, revenue/cost projection, sublease variance and many more · Insures full security as to access to miscellaneous data-entry windows, programs, companies and properties · Manages every aspect of the leases/subleases: · Area history · Common charges · Lease clauses follow-up · Standard clauses · Maintenance clauses · Security deposits · CPI increase · Percentage rent · Insurance follow-up · And more…
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