If there’s a space, there’s opportunity and an owner. To take advantage of commercial property, it’s necessary to reach an agreement between the owner and tenant. All agreements and their conditions make it into a lease agreement.
Lease agreements are the foundation of the tenant-landlord relationship. As long as all parties follow their agreed terms, this relationship will be advantageous for both parties.
We know how complicated these agreements are. Many of our clients’ problems with their lease agreement come from misinterpretation. That’s why lease abstracts are a perfect solution for maintaining harmony during your agreement term.
Unique Solutions for Every Client
If there’s a space, there’s opportunity and an owner. To take advantage of commercial property, it’s necessary to reach an agreement between the owner and tenant. All agreements and their conditions make it into a lease agreement.
Lease agreements are the foundation of the tenant-landlord relationship. As long as all parties follow their agreed terms, this relationship will be advantageous for both parties.
We know how complicated these agreements are. Many of our clients’ problems with their lease agreement come from misinterpretation. That’s why lease abstracts are a perfect solution for maintaining harmony during your agreement term.
Important Things to Remember
Every Party is Different
Again, the needs of a landlord are very different to those of a tenant. Assetsoft understands what it means to be in each side of the agreement and every party’s interests.
We have also plenty of experience providing lease abstracts for consultants and other parties involved in the lease agreement. They also have their own focus; it’s critical to know what every client needs to provide the ideal product for them.
All Clauses Matter
Lease abstractions can’t exclude important clauses, and all clauses are important. Some might not be obvious, but knowing everything within the lease agreement lets our clients understand the entire situation.
We’re aware of our clients’ need to know where they’re standing and what’s expected from them. Proper commitment and awareness of each clause guarantees a good relationship during the lease term.
Responsibilities
The most important clauses in the lease agreement list each party’s responsibilities. Things like timely payments and CAM costs distribution are some of the most important pillars for a smooth lease agreement.
Tenants and landlords must know their duties if they want to keep problems and disputes at bay. Likewise, knowing who failed to live by the agreement expectations is key for resolving legal disputes.
Lease agreements aren’t solely obligations. Many clauses can be extremely beneficial for both parties.
Lease abstraction allows our clients to understand the advantages they get from the agreement. From expense reduction all the way to tax benefits, lease agreements can help you save lots of money once you know what’s really going on.
