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With the exception of some very short-term leases almost all commercial leases contain an escalation clause. You can escalate leases on a specific date or define recurring escalations using either a specific dollar amount, index, or fixed rate.
Set exercise deadlines for option periods or allow the lease to automatically enter an option period on lease expiration. Holdover is easily defined and computed based on your desired behaviors
Keep a complete history of delinquency. You have the flexibility to define custom late fees and percentages. There is a robust system for uncovering these fees.
Manage CAM expenses, taxes, insurance and other recoverables. Multiple recovery approaches and using everything from arbitrary amounts to Pro Rata Share of buildings, units, or custom spaces. You can Gross Up, set base year escalation caps, and define custom admin fees.
Track your franchisee sales and bind them to percentage rents or default conditions. Manage landlord auditing rights and time frames
Trigger Percentage rents on many variables. You have the ability to bind triggers to anchor tenants, construction delays, time frames and natural and unnatural break points.
Define clauses to be reported on the Lease Abstract, along with making custom templates to be used across multiple leases or restrained to a single location.
Be it Landlord or Tenant default; the conditions of default can be bound to many fields such as: Percentage Rents, Delinquency, Late Fees, Sales, or Abatement.
Track free rent or abate the rent for a specified time or dollar amount. You also have the flexibility to abate individual CAM expenses or charges.
Create tasks and entries that link to your calendars for any events related to the lease or location. You can use this project management solution to open store and have events automatically update if the certificate of occupancy or move in dates change.
You can allow your onsite workers access to critical documents or submit forms, pay rent, find emergency contacts, and report sales.
All landlord, onsite, managers, workers, and all other contacts can be easily found and contacted using our integrated CRM.
Master lease, subleases, and multiple suites and units can easily be configured and managed. This is particularly helpful for franchisors who have a master lease and sublet to their franchisees.
RAAMP automatically pulls from the Bureau of Labor and statistics to calculate CPI rent increases or Prime calculations.
Track all your prepaid rent, security deposits for each lease. Easily see your entire list of deposits and the withholding conditions.
Select a date, and get a bank ready rent roll for your entire lease portfolio
Automatically create a lease abstract or an abstract for each location and export to PDF, Word or Excel
Intelligent lease amendments, update the lease information without disrupting the history of the original lease.
