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Explore best practices, industry updates and the latest news from Scribcor.

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A lease is a lease, right? It is true that all leases are contracts and share some of the same characteristics, even though specific rights...
The processes for equipment leasing in many organizations can be characterized as fragmented and decentralized, especially for small value assets. Some high-volume, higher value assets...
We often discuss how important it is to review your Common Area Maintenance (CAM) or Operating Expense (OPEX) reconciliation since reviewing this information can save...
Companies throughout the U.S. are flooding the market with office space to sublease as landlords already face weak demand as firms embrace hybrid work models....
Common area maintenance (CAM) reconciliations are processed by landlords throughout the year, but most often in the first half of each expense year. Some office...
Commercial tenants are often financially responsible for their share of a property’s operating expenses, which can be a sizeable portion of their total lease obligation....
If your 2021 operating/CAM reconciliations have started coming in, the topics in this article will be helpful for you to keep in mind during your...
A tenant’s share of the costs to operate and maintain common areas of a property can be a significant financial component of a commercial lease....
The accounting requirements for ASC 842, IFRS 16, and GASB 87 compelled companies to look at not only their real estate leases, but also added...