As the seasons change, many of us are sealing up our homes, setting the AC to a comfortable 74 degrees (or maybe 68), and shutting those windows. But it’s not just the weather that brings closure – Audit Clause windows may also be closing, too.
Tenants are right in the middle of OPEX Season, when Landlords are reconciling last year’s estimates and sending out Operating Expense reconciliations. Many leases have some form of audit restriction(s) which often include deadlines – meaning the window for reviewing and contesting overcharges may be closing fast. Even with a credit on your bill, that often only means the estimates were overpaid.
30-90 days audit windows may already be closing. 120-days windows are right around the corner. And what if your lease is ‘silent’ or has no definitive timeline? You may be surprised at Landlords’ responses around those – we are here to help. CTS’ Building-System-Experts have assisted many clients for over 3 decades, from small to the largest on Fortune 100 as well as Global Law firms and everything in between. With thousands of successful deep dive reviews under our belts – we have overcome about every obstacle imaginable.
It is the perfect season to have a third-party professional review your portfolio. You may have one or more locations that are strong candidates for an audit – and acting now could result in meaningful savings. So, pop Claritin, engage CTS, and let us help keep those windows open a little longer. It continues to save our clients billions of dollars.
Sweater Weather is coming soon!
Reach out for a complimentary assessment of your locations. We are happy to share our expertise – Sara Stanley/SStanley@CTSAudits.com/310-526-8389.