Why You Need a Lease Audit Clause: Protect Your Business | iOpt Minute

Lease audit clauses are crucial for protecting your business from unexpected costs, especially when you’re committing to large spaces with high expenses. In this iOpt Minute, Don Catalano, SIOR, CCIM, MCR, breaks down why landlords often push back on these clauses and why they are essential for tenants. Discover how lease audit rights empower you to review operating expenses and ensure accuracy in charges, even beyond your lease term. Learn about common tactics landlords use to restrict your audit rights and how to safeguard against them.

 

What You’ll Learn in This Video:

  • Why Lease Audit Clauses Are Essential for Tenants
  • How Audit Rights Help Prevent Overcharges
  • Tricks Landlords Use to Limit Tenant Audit Rights
  • The Importance of Reviewing Expenses After Lease End
  • How to Protect Your Business with a Thorough Lease Audit Clause

 

Want to learn more? Check out our article on The Keys to Successful Portfolio Audits.

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