Duration

30 Hours(For Regular Course)

4-8 Hours(For Capsule Course)


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LEASE MANAGEMENT

This web-based training course on LEASE MANAGEMENT functionality, administration and development, is available online to all individuals, institutions, corporates and enterprises in India (New Delhi NCR, Bangalore, Chennai, Kolkatta), US, UK, Canada, Australia, Singapore, United Arab Emirates (UAE), China and South Africa. No matter where you are located, you can enroll for any training with us - because all our training sessions are delivered online by live instructors using interactive, intensive learning methods.

Signing a lease for acquiring a real estate property is a very small part of what goes on in the background before and ahead of the lease signing. Successful lease signing involves the various activities which involve the drawing up of various legal documentations and filing procedures and further following up with the occupancy and post-occupancy procedures. Navigating the various activities which lead up to the occupancy, and following up with various occupancy issues that impact the tenant are all included in the lease administration and management procedures. To successfully complete and manage a lease, professionals should be well versed in real estate contracts, technical direction, enforcement of lease terms and more. Knowledge of contract management issues like initial built-out space and performance management is a must. The leasing personnel should also be familiar with various federal and state leases while carrying out the lease management and administration.


In this lease management online training, personnel will be taught about the various concepts and fundamentals of real estate contract formation and the various forms of ownership which arise out of it. The various lease clauses along with their purpose and application will be taught in detail. Post-signing activities will also be elaborated upon in this lease management online course and initial activities of moving-in and after-occupancy procedures will be explored. This lease management online training covers international lease management practices and procedures to provide global level lease management training. This lease management certification course has no pre-requisites and can be taken up by any professional willing to make a career in the domain.


Overview Of Real Estate Lease Administration And Management

  • Importance For Lease Administration And Management
  • Defining The Principles Of Real Estate And Property Ownership
  • Leases Of The Real Estate And Various Other Types Of Contracts(Difference Explained)
  • Roles And Responsibilities That Must Be Taken Up For Lease Administration
  • Historical Perspective
  • The Various Phases Of Administrating And Managing A Lease

Fundamental Elements Real Estate Contract

  • The Various Categories Of Legal Contracts
  • Elements Of The Valid Express Contract
  • Fulfilling Contract Aspects In The Process Of Awarding The Leases
  • Fullfilling Contract Aspects In Lease Administration Transactions

The Various Purposes And Applications Of The General Clauses In Lease Administration

  • General Clauses Of Lease Administration Forms
  • Small And Simplified Leases Clauses

Post-Award Activities And Procedures Leading Up To Occupancy

  • Execution Of Lease And Distribution Of Documents
  • Improvement Process For Tenants
  • Kickoff Meeting
  • Constructing Tenant Improvements Methods And Procedures
  • Dealing With Changes And Variations
  • Revising The Construction Schedule
  • Coordinating The Various Government Vendors And Their Involvement
  • Inspection Of Acceptance
  • Post-Award Procedures Which Lead To Occupancy For Small And Simplified Leases

Determining The Levels Of Substantial Completion And Processes Followed At The Time Of Occupancy

  • Fundamental Elements Defining Substantial Completion
  • Testing And Verification
  • Measurement Of The Completed Space
  • Coordinating The Various Activities While Moving Into New Spaces
  • Utilities That Can Be Paid Directly Through The Government
  • Resolution Of The Debits And Credits In Build-Out
  • Modifications In Actual Effective Date And Measurement Of The Lease
  • Punch List Items After Substantial Completion
  • Creating The Post-Occupancy Relationship With The Tenant
  • Documents And Files The Leaser May Need After Occupancy

Actions Of Lease Administration After Occupancy Under The Contract

  • Changes In Payee
  • Change In The Ownership Of The Leaser
  • Issues In Rent Payment
  • Statement Of Lease
  • Assigning Claims
  • Periodic Inspections
  • Monitoring The Leaser's Performance
  • Resolving Nonperformance Issues
  • Damage To The Premises Under Various Circumstances And Other Casualties
  • Making Payments For Utilities

Adjustments In The Rent

  • Adjustments In The Operating Costs
  • Real Estate Tax Adjustment
  • Administering Leases Using Stepped Rents

Alterations And Repairing Issues In Leased Space

  • Overview Of Issues
  • Specifications In Alterations
  • Acquisition Plan Procedure
  • Independent Government Cost Estimates
  • Negotiation And Awards Involved And Provided
  • Alteration Projects
  • Performance Monitoring
  • Final Inspection
  • Acceptance And Issuance
  • Government-Furnished Property Issues
  • Codes And Local Requirements
  • Documentation And Filing

Miscellaneous Lease Administration Actions After Occupancy

  • Expansion Of The Area After Award
  • Reduction Of The Area After Award
  • Negotiations In The Extensions Of The Lease Ending Date
  • Administration Of Leases In Holdover Status
  • Exercising Termination
  • Notices Which Are Included In The Lease
  • Negotiation Of Early Termination Without A Contractual Termination Notice
  • Succeeding And Superseding Lease
  • Renewal Options In Leases
  • Actions For Moving Out Of Expired And Terminated Leases

Formal And Legal Issues Involved In Lease Administration

  • Leaser Defaulting
  • Leaser Bankruptcy
  • Foreclosure On The Property Through A Mortgagee
  • Claims And Disputes Involved
  • Lease Condemnation

Documentation, Closeout, And Settlement

  • Recordkeeping And Lease Files Involved
  • Closure And Settlement

With the growing requirement of urban infrastructure and real estate, the leasing procedure needs to get highly standardized and structured to provide hassle free and quick lease management and providence. The growth of real estate firms at all scales is also the direct result of this scenario. Such real estate firms are today in a dire need of such professionals who can effectively perform leasing procedures in a highly efficient and effective manner. With the growing urban living requirement, the need of lease managers is steadily increasing and will continue to do so owing to the highly specialized nature of the job. This course comes highly recommended for leasing specialists, real estate property managers and contracting officer's representatives.

1. Are lab-sessions available after theory sessions?

We provide online lab facilities to all our students, wherever possible & applicable, using a combination of one or more options, including global ASP setups, live-environments, real-time simulations, training-videos, PPTs, Screenshots and others.

2. Who and how qualified are the instructors?

All our instructors go through a rigorous and multiple processes of filtering and selection before they are appointed by us. Only the most qualified, most experienced and best suited candidates are chosen as instructors.

3.What are the machine requirements for the course?

You must have a fairly good desktop PC or laptop. You can even access these courses on your tabs or smart phones. For PCs and laptops the configuration should be at-least an Intel Pentium processor, 4GB of RAM and 50 to 100 GB of free hard disk space. You must also have a good and steady WiFi internet connection which works at 3G or 4G speeds.

4.How will I undergo practical training in the course?

Depending on the type of lab facilities available for the course you have enrolled in for our instructor would be happy to help you in your lab sessions.

5.What is the process to get my questions/queries answered?

Get in touch with your trainer. You can also consult your batch-mates. We believe in collaborative and practical learning.

6.Can a free demo session be provided?

We do not provide free demo sessions.

7.Will there be a provision for repetition if I miss a class?

We encourage our trainees to attend all sessions. If you have missed a session we will try out best to update you on it, if possible. Else you will need to pay a small fee to have a repeat session arranged specifically for you.

8.Does your organization provide assistance in job hunting?

We are connected across the industry in India and abroad. We will pass on any job openings from our customer to our trainees. But we are not a manpower placement provider.

9.How and where can I make the payment?

You can pay using any credit or debit card in India or abroad. You can also pay using your PayPal account.

10. Will practice material or tests be also provided with the course?

Yes. As required & as applicable.

11.What is the minimum or maximum batch size?

Minimum/maximum batch sizes vary from course to course, depending upon a number of factors. It can vary from as few as 2 to as many as a few hundred, in some cases. But that number does not impact the quality of training that we deliver due to our tight quality-control mechanisms.

All trainees will be provided with a course participation and completion certificate by Aurelius Corporate Solutions. Please note, we are an independent provider of learning solutions. We are not affiliated in any manner to any company or organization.

Copyright © 2016 Aurelius Corporate Solutions Pvt. Ltd. All Rights Reserved.