Lease Management
At CB Richard Ellis we also provide a comprehensive one-stop Corporate Residential Lease Management Service which releases Multi-National Corporations from the day to day management and administration of their Residential Portfolios. By outsourcing leased portfolio administration, maintenance and repair services to CB Richard Ellis, we ensure the comprehensive review of liabilities, streamlining of administration and finances together with regular bespoke reporting. We use our specialist skills, systems and local market knowledge to your advantage.
Our varied services cover the following aspects of Lease Management:
Property Maintenance
1.Repair Services
- Provide assistance with questions about tenancy related issues (during business hours)
- Organize repairs with own network of suppliers.
- Schedule and coordinate Maintenance Sub-Providers, when applicable
2. Emergency Services
- Provide 24 hour service (out of office hours) for emergencies
- Coordinate follow up service(s) if appropriate (with repair, maintenance, road assistance, etc.)
3. Regular Maintenance
- Provide Tenancy Management support (Fielding and communicating tenant concerns to the owner/tenant)
Portfolio Management
4. Lease Renewal
- Negotiate lease terms
- Arrange for lease agreement to be signed by all parties
5. Lease Restructuring
- Communicating with all parties
- Change lease and coordinate for it to be signed by all parties
6. Lease Expiry/Termination
- Assist in sending termination notice to landlord
- Confirm termination date with all parties
- Coordinate security deposit refund by landlord
7. Break lease Administration
- Assist in sending termination notice to landlord
- Confirm security deposit situation with landlord and tenant
8. Handback of Properties
- Assist in sending termination notice to landlord
- Accompany expatriate on check-out
- Document property condition
- Document utility meter reading
- Coordinate repairs if needed
- Assist in collection of security deposit