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

Lease audit clauses are essential for protecting your business, especially if you're committing to significant square footage and costs. In this iOpt Minute, Don Catalano, SIOR, CCIM, MCR, explains why landlords dislike these clauses but why they are vital for tenants. Learn how lease audit rights allow you to review operating expenses and ensure you're not overcharged, even after your lease term ends. Discover the tricks landlords use to limit your audit rights and how to avoid them. Subscribe for more essential tips on commercial lease negotiation.

Chapters:
0:00 - Introduction: Importance of Lease Audit Clauses
0:19 - Why Landlords Dislike Lease Audits
0:42 - How to Protect Yourself with a Lease Audit Clause
1:16 - Final Advice on Lease Audits

Relevant Hashtags:
#LeaseAudit #TenantRepresentation #CommercialLease #iOptimizeRealty #OperatingExpenses #CommercialRealEstate

Search Terms:
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