Lease audits — whether conducted by landlords (to verify tenant compliance) or tenants (to verify CAM reconciliation accuracy) — require detailed comparison of lease terms against actual performance. Manual audits mean hours of careful reading per lease and are typically limited to a sample of the portfolio due to time constraints.
Abstract the complete lease terms for every tenant in the audit scope.
Cross-reference extracted terms against property management system data.
Identify discrepancies: billing rates vs. lease rates, escalation application accuracy, CAM charge compliance with lease provisions.
Generate an audit findings report with specific discrepancies, dollar impact estimates, and source citations.
Prioritize findings by financial impact for remediation.
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