The leasing process is complicated and confusing and can bring stress to the business owner. Hughes Marino knows the intricacies of the lease administration process and best practices for business owners. As a leading provider of lease administration services, the buyer and tenant representation firm works with its clients to streamline the leasing process.

Lease administration entails many steps, including: 

1. Review existing leases and documents to determine which require modification, termination, or renewal.

2. Identify the expired lease clauses, improperly drafted, or conflicting with parties’ goals. Hughes Marino specializes in this service.

3. Preparing the amendment and termination documents for execution by the tenant or landlord.

4. Preparing the Lease Audit Report to provide a detailed status of the lease and reference to the lease provisions.

5. Hughes Marino also offers lease specialties. Preparing the Lease Specialties to determine what terms are needed to avoid the expiration of clauses and any special provisions that may benefit both landlord and tenant.

6. Performing Lessee Due Diligence before signing a new lease or entering into an amendment or termination agreement.

7. Prepare the compliance letters to ensure you operate by the lease.

8. Preparing and mailing all settlement statements and calculating and paying any prorated rent or other charges. Hughes Marino is taking care of all steps of this process.

Undertaking lease administration services for clients ensures that a company meets its obligations to its tenants and landlords. The representation firm is committed to providing quality service for business clients and individual owners in need of assistance with lease administration. In addition to providing lease administration services, Hughes Marino can assist clients with commercial financing, space planning, and management services.