Occupancy Cost Control Rent Recovery
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Occupancy Cost Control

Rent Recovery

The LeaseCheck System: The Essential Occupancy Cost Control--Rent Recovery Guidebook was recently released for retail and office tenants by The LeaseCheck Institute. The book is a "how-to" book showing tenants how to conduct a lease compliance review on their rental invoices. Using the easy-to-understand system and software can result in significant rent refunds and lower future rental expenses for tenants renting commercial space. If has been estimated that 25% of all rental invoices contain errors and more than 500,000 tenants will overpay their landlord this year for base rent, rent escalations, percentage rent, operating expenses, common area maintenance, real estate taxes and utilities.

The LeaseCheck System provides the necessary tools required to perform the essential task of validating landlord-generated rental invoices. This system was especially designed for small to moderate sized businesses and other organizations renting retail and office space. Co-written by Donald Mokrauer, Alan Aronow and Ann Mokrauer, CPA, The LeaseCheck System reveals heretofore-unpublished "trade secrets" on how to: protect your financial interests before and after a lease is signed; verify the accuracy of rental invoicing before making payments; help collect refunds on past rental overpayments; and level the playing field between landlord and tenant. The 600-page book provides step-by-step directions on how to: understand the nuances of commercial real estate leases; discover where, why and how billing errors occur; compute accurate occupancy cost charges; identify, analyze and document billing errors; calculate occupancy cost overpayments and overcharges; implement an effective correction/collection strategy; communicate findings to clients and landlords; negotiate rent refunds and credits; and develop a lease administration database to prevent future errors. The book, which also comes with software containing 45 specially designed worksheets and tables necessary to perform lease compliance reviews, is available for $299 plus shipping and handling.

For more information, visit the LeaseCheck System web site at www.leasecheck.com, or e-mail Donald Mokrauer at DFMokrauer@leasecheck.com.