Job Summary
The Senior Lease Administrator is responsible for the day-to-day functions of lease administration, including but not limited to, working with Lease Administration team, abstracting leases, reviewing reoccurring charges to ensure accuracy, rent escalations, and tracking/monitoring critical lease dates.
Job Responsibilities 1
Abstract and set up all lease documents (new leases, amendments, terminations, assignments, subleases, etc.) in system.
Calculate and enter necessary billing adjustments. Maintain written backup of billing data in lease files.
Review all documentation for signatures and completeness.
Update and monitor properties’ rent rolls and square footage.
Maintain and update lease statistics as required.
Oversee the creation and maintenance of lease files.
Assist tenants with any billing or account questions.
Assist property management staff with any tenant account questions or lease questions.
Review redline lease documents for accuracy of calculations and basic language of economic terms.
Communicate any issues found to Manager to correct problems and clarify incongruous language prior to document execution.
Process adjustments/write-offs upon receipt of necessary approvals.
Maintain written backup of all adjustment to tenants and accounts in lease file.
Review new leases, amendments, assignments, terminations and other lease documents and prepare and/or review accurate and detailed lease abstracts including all critical dates and financial requirements, and resolution of lease compliance issues.
Partner with Construction and Property Management Departments on Tenant Improvement projects to monitor work completion for critical dates and the triggering of lease commencement/rent commencement.
Maintain the integrity of the lease abstract database and coordinate all aspects of the lease administration process, including regular review of reports to ensure accuracy of lease data.
Manage tenant contacts to update name and/or address change requests by reviewing and interpreting lease provisions and preparing documentation, if needed.
Prepare correspondence in conjunction with the processing of lease documents.
Work on special projects that may arise within the Lease Administration department.
Job Summary
The Senior Lease Administrator is responsible for the day-to-day functions of lease administration, including but not limited to, working with Lease Administration team, abstracting leases, reviewing reoccurring charges to ensure accuracy, rent escalations, and tracking/monitoring critical lease dates.
Job Responsibilities 1
Abstract and set up all lease documents (new leases, amendments, terminations, assignments, subleases, etc.) in system.
Calculate and enter necessary billing adjustments. Maintain written backup of billing data in lease files.
Review all documentation for signatures and completeness.
Update and monitor properties’ rent rolls and square footage.
Maintain and update lease statistics as required.
Oversee the creation and maintenance of lease files.
Assist tenants with any billing or account questions.
Assist property management staff with any tenant account questions or lease questions.
Review redline lease documents for accuracy of calculations and basic language of economic terms.
Communicate any issues found to Manager to correct problems and clarify incongruous language prior to document execution.
Process adjustments/write-offs upon receipt of necessary approvals.
Maintain written backup of all adjustment to tenants and accounts in lease file.
Review new leases, amendments, assignments, terminations and other lease documents and prepare and/or review accurate and detailed lease abstracts including all critical dates and financial requirements, and resolution of lease compliance issues.
Partner with Construction and Property Management Departments on Tenant Improvement projects to monitor work completion for critical dates and the triggering of lease commencement/rent commencement.
Maintain the integrity of the lease abstract database and coordinate all aspects of the lease administration process, including regular review of reports to ensure accuracy of lease data.
Manage tenant contacts to update name and/or address change requests by reviewing and interpreting lease provisions and preparing documentation, if needed.
Prepare correspondence in conjunction with the processing of lease documents.
Work on special projects that may arise within the Lease Administration department.
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