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Is your landlord charging you the correct amount based on the terms of your lease? Are you too busy running your business to take the time to verify your landlord’s calculations of your lease payments? Loantech can audit your lease to verify the accuracy of the annual escalation of the base rent, the amount of the triple net payment and the calculation of the common area maintenance (CAM) costs based on the square footage and the underlying operating expenses incurred by the landlord. Errors do occur and are typically the result of mathematical errors and/or oversights of the property owner and such mistakes can result in overcharges.
Loantech's audits of mortgages for owners of commercial property have uncovered overcharges in excess of $140,000 for individual investors.
Contact Loantech for additional information.