Visual Lease was originally developed by KBA Lease Services, a real estate consulting firm specializing in lease auditing. Lease auditing is the validation of tenant obligations for building operating costs, taxes, utilities and other similar costs.  It involves a specialized and disciplined review of lease documents, invoices and various other materials as well as a review of landlord books and records.  Lease audits are contemplated by most lease agreements and are common in the commercial real estate industry.  Lease audits help you:

  • Recover overpayments
  • Keep leases in compliance and bring them in line with original projections
  • Increase landlord awareness of errors
  • Improve internal controls
  • Identify areas for improvement of future leases

To learn more, contact KBA at www.kbalease.com, or call 888.750.4500.

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Bell’s Blog

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The Benefits of Having a Lease Audit Service Combined with a Lease Management System

| CAM, FASB/IASB, Lease Audit | No Comments

There’s compelling logic to combine a lease audit service with a lease management system such as Visual Lease..