LA100 - Introduction to Lease Administration

Course description


This course provides an in-depth understanding of lease administration and the role of the lease administrator. All aspects of lease administration will be covered, from the receipt of a new lease, through expirations and renewals, to property turnover. The class will delve deeply into critical lease terms, various types of rents and operating expenses, and dispute resolution.

Topics: The role of the lease administrator; critical lease terms; rent additional rent; financial items; lease compliance; dispute resolution; lease administration systems; and the importance of lease abstracting.