Lease Administrator (Dadar)

Lease Administrator (Dadar)

31 Aug
|
CPRAM Investments
|
Dadar

31 Aug

CPRAM Investments

Dadar

Role and Responsibilities

1. Lease Agreement Management

- Monitor lease start and end dates, renewal options, and termination deadlines.
- Communicate significant dates and conditions to all relevant parties.
- Keeplease agreements organized and accessible to streamline administrative tasks.
- Exercise discretion with confidential information.

2. Rent Collection and Financial Reporting

- Ensure rent is collected on time and followup with tenants on any late payments.
- Track rent escalations, percentage rent agreements, and additional fees.
- Provide property owners with detailed financial reports on rental income and expenses, enabling them to make informed decisions.

3. Lease Abstraction and Documentation

Lease abstraction process involves creating a concise, summarized version of a lease that includes the most critical details, such as:

- Rent amount, payment schedules, and escalation clauses.
- Lease start and end dates, renewal options, and termination conditions.
- Tenant and landlord responsibilities for maintenance and repairs.
- Proofread all lease abstraction reports for accurate input.




- Clarify any vague lease terms or intent with Leasing Agent or Legal Department.
- Review billings and statements.
- Calculate CPI rental increases.
- Communicate and follow with team members on any missing lease documentation, forms and/or dates.

4. Tenant Communication and Dispute Resolution

- Investigate the issue and refer to the lease agreement for guidance.
- Work with legal teams if necessary to resolve the issue.

5. Outgoings Recoveries Reconciliation

- Track and calculate Outgoings Recoveries charges for individual tenants based on lease terms.
- Conducting annual reconciliations to ensure tenants are charged accurately.
- Addressing any discrepancies and resolving disputes over Outgoings Recoveries.

Job Type: Full-time

Pay: ₹800,000.00 - ₹1,000,000.00 per year

Application Question(s):

- Are you currently located in Mumbai?
- Are you available to work Early Morning shift?

Language:

- English (Required)

Work Location: In person

📌 Lease Administrator (Dadar)
🏢 CPRAM Investments
📍 Dadar

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