The Lean Rent Playbook
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Tango Lease
Tango’s lease management and accounting software equips administrators and finance professionals to maintain compliance and manage lease activities.
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Deferred Rent: What It Is and How It Affects Lease Accounting
Deferred rent is the outcome of making a lease payment that is less than its recognized expense on your financial statements. It typically results from free or reduced-rate rent periods, often...
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Leasehold Improvements: What They Are and How They Work
Leasehold improvements are modifications to the interior of a leased building to make it more useful or desirable to the tenant. They are sometimes also referred to as build outs or tenant...
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How to Calculate Percentage Rent in Commercial Leases
Percentage rent is a rent in which a commercial tenant pays rent based on a percentage of their gross sales, either in addition to or instead of a minimum base rent. It’s a standard lease payment...
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Embedded Leases: What They Are and How to Identify Them
Embedded leases are an important component for accounting compliance. For some organizations, this is the greatest source of failure to comply with the new lease accounting standard leading to...
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Lease Reports for Every Role
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How to Simplify Lease Abstracts at Scale
A lease abstract is a concise summary and analysis of a lease agreement, providing the key provisions from lease documents in an easy-to-understand format. Lease documents tend to be extremely...
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Equipment Lease Management Software: Account for Every Asset
Equipment lease management software, sometimes referred to as asset leasing software, is a digital solution organizations use to identify, organize, track, and administer leased assets. Whether...
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Lease Incentives: How to Negotiate and Account for Them
Lease incentives are benefits added to encourage tenants to enter into lease agreements. Landlords may advertise lease incentives along with the property in order to attract potential tenants, or...
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3 Challenges with Equipment Lease Management (And How to Solve Them)
Equipment lease management is a subset of lease administration that focuses exclusively on leased equipment. It’s how organizations monitor and handle legal agreements to rent vehicles, machinery,...
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How Lease Renewal Clauses Can Hurt Your Business
Lease renewal clauses give your business a window of opportunity to perpetuate the arrangement you currently have with a landlord. Usually, you get similar terms and lower rent than what you’d pay...
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Should We Stay or Should We Go?
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The Retailer’s Guide to Lease Renewals
Lease renewal windows give your business a valuable opportunity to double down on successful locations and pull the plug on sites that didn’t pan out. It’s also a chance to renegotiate for more...
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What You Need to Know About Lease Audits
Your real estate portfolio represents one of your organization’s biggest operating expenses. And if you’re not careful, you could wind up paying a lot more than you have to. Lease audits are a...
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Lease Administration for the Modern Organization: Key Challenges, Tools, and Goals
A single enterprise may have thousands of leases in its real estate portfolio. Corporate landlords can have just as many. Each of these leases has specific contractual obligations both parties...
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2022 Buyer's Guide to Lease Administration and Accounting
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What You Need to Know About CAM Reconciliation
Common area maintenance (CAM) is what tenants pay a landlord to maintain shared spaces, such as lobbies, cafeterias, and restrooms. While every lease establishes the unique parameters for these...
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What Is a Tenant Improvement Allowance?
A tenant improvement allowance (also referred to as TI or TIA) is a sum of money a landlord agrees to pay for a tenant to build out or renovate a leased property to meet their business needs. The...
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The Demand for Lease Flexibility: A New Trend in Corporate Real Estate
Not long ago, lease administrators would have given anything for lease renewal options. Businesses wanted long-term arrangements with the option to continue the relationship when the contract...
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ASC 842: What Businesses Need to Know
ASC 842 is a new accounting standard codification issued by the Federal Accounting Standards Board (FASB) that prescribes how public and private companies need to disclose leases in financial...
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