IN-DEPTH APPROACH TO LEASE AUDITING

The objective of MBG Consulting's lease audit services is to ensure that the lease language and the intent of the contractual lease obligations are being fairly enforced. Our approach to lease audit programs introduces standardized processes and procedures into audit activities, thus transforming audits from ad hoc events into predictable, well-planned, and accurately executed business functions.

We combine legal, business, financial, and real estate expertise into our approach so that our clients can be assured of thorough representation. More importantly, our method fosters a professional environment in the audit process, which allows us to protect our client's rights while maintaining a healthy tenant/landlord relationship.

From start to finish, MBG Consulting rigorously examines a wide range of relevant factors to identify possible cost savings for our clients: operating expenses annual reconciliations, property taxes, lease language, tenant improvement allowances, insurance, rent abatements, CPI and porter wages calculations, space measurement, and utilities. To organize and streamline auditing activities, we break down the process into five phases:

• Portfolio Analysis
• Preliminary Audit
• Field Audit
• Lease Audit Reporting
• Negotiations & Resolution