A LAUDIT Lease Audit involves a step-by-step process that insures a thorough review and analysis of all lease-related billings for compliance with the terms and conditions of the lease.

LAUDIT will work with the Client to review the lease portfolio; define locations to be audited; establish basic procedures, lines of communication, and electronic scanning of all lease documentation.

During the Audit Review or "Desk Top Audit", LAUDIT will thoroughly review the Audit File and for each location, will prepare analyses, identify potential irregularities, and submit a report with recommended actions to be taken.

Lease Audit savings may take many forms and often involve future credits and adjustments. The results achieved today may be eroded quickly by other adjustments a landlord makes to its property management practices as a result of the audit.

Once the audit is complete, LAUDIT will prepare a final Status Report identifying a schedule of follow-up activities that may be required to insure that the savings are fully realized over time. LAUDIT will continue to monitor leases and expenses as necessary going into the future to protect and verify savings.