In PM there should be a canned report that sorts by date to indicate which recoveries (and escalations if applicable) are upcoming. There are many leases which call for mid year recoveries such as taxes when they are payable to the municipality. That may be for one tenant on a property but not the others. And each municipality has their own due dates for taxes so its hard to keep track of. The goal is to do the recovery as soon as possible so that the tenant can be billed and thereby improve our company's cash flow.

by: Rita K. | over a year ago | 5 Property Management