A commercial lease analysis spreadsheet can be the key to successful leasing your business. In this type of system, you enter all the data you have regarding your business and have it analyzed for any flaws that may arise in the lease contract. These errors may be either administrative or legal in nature, and therefore require to be corrected in order to avoid a lawsuit, which you will want to avoid.
It is possible to download a free software package that will generate a professional looking document that can be used by lease professionals, lawyers, and the leasing agent to aid in negotiating a favorable lease contract. The lease contract analysis report can also be used by investors to decide on a lease structure. These documents can be very powerful tools for brokers, who are constantly seeking out an excellent lease for their client.
Of course, when you decide to use a lease analysis software package to analyze the lease for you, you may not be able to access it in its entirety. This is where the leasing company that created the analysis software will need to provide you with the license key to use it. By providing you with the key, they will be in a position to offer you a full-fledged trial version for a low fee.
Commercial Lease Analysis Spreadsheet
When you do make use of the leasing software to analyze the lease for you, you will be able to see all the details and figures that will give you insight into the lease contract. There will be details such as lease term, property location, occupancy and tenant (security deposit), options and restrictions, taxes, maintenance and other fees, and many others. There will also be a section that will allow you to analyze the costs associated with maintaining your property.
If the lease analysis is indeed informative, it may be used by an investor, broker, or real estate agent to help them understand the transaction more thoroughly. When a contract is made, the investor or broker should always ask their client if the contract is correct and in good standing. They should ask for any amendments to be made to the original contract to ensure a long-term, mutually beneficial lease agreement. The attorney or broker should then ask to look at the lease agreement and decide whether or not it meets their own standard.
There are a number of different lease analysis software packages available for use, and you will need to carefully choose the one that best suits your needs. You should also research whether or not you need to pay a fee for the service, and also whether or not the package will include printouts of the agreement, and if not, will this be included with the fee. If the package includes the printouts, you can either have them mailed to you or should request a printed copy.
Some of the commercial lease analysis sheets that are available are:
There are also two-page commercial lease analysis spreadsheet to print. These are especially useful for the investor or broker, because they will only need to print one sheet for each different lease.
If you do decide to print out a commercial lease analysis, make sure that you have printed out a printout that is a quick analysis. Look at the top of the page to see what is on the left hand side. This will help you see if the lease meets the terms that you were expecting and will avoid any complications in the future.
Even if you are trying to hire a leasing agent or professional in the area, it is still possible to have a few different types of calculations done. You may be able to ask for the contract from the agent, or print a copy off of the internet to be able to compare it with your analysis spreadsheet to see if you have any glaring discrepancies.
Don’t be afraid to ask if you do need to have an actual lease contract printed for your own use. You will find that there are several different companies out there that provide this service, and the price is often affordable. YOU MUST READ : commercial construction estimating spreadsheet