The Quest Organization
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http://www.questorg.com
http://www.questorg.com
USD
90000
YEAR
true
Lease Administrator
30 Vesey Street , Suite 1700 New York, NY 10007 US
Posted: 01/19/2023
2023-01-19
2023-04-26
Industry: Lease Administrator
Job Number: 4525
Pay Rate: 90,000
Job Description
Responsibilities:
Lease Administration
Accounts Receivable
Qualifications:
Lease Administration
- Prepare residential and review commercial lease documents – new leases/renewals and amendments
- Review and track letters of intent; compare against drafted lease documents for accuracy
- Review and abstract all lease documents
- Calculate rent and tenant’s percentage share of escalations
- Prepare and send Commencement Date letters to tenants
- Prepare Move-in/Move-Out forms for completion by building manager
- Manage and track security deposit/letter of credit processing
- Tenant Insurance – track and review certificates.
- Prepare and distribute monthly vacancy, rent roll and lease expiration reports
- Manage Rent Stabilized & Controlled Apartment information
- Prepare and send Residential Lease Renewals
- Collaborate with outside residential brokers
- Assist on special projects and assignments
- Prepares and distributes critical date reports; maintains tickler system for tracking important dates and tasks.
Accounts Receivable
- Review Tenant charges prior to monthly billing
- Prepare monthly rent statements for all tenants
- Enter all billing adjustments
- Enter all billback charges
- Receive, deposit and post Tenant payments
- Check bank on-line for wire transfers
- Prepare delinquency reports
- Tenant collections/late fees
- Accept Service of Process
- Remit legal cases to outside L&T counsel
Qualifications:
- Bachelor’s Degree and a minimum of 5 years residential/commercial lease administration experience or equivalent.
- Residential/Commercial Real Estate experience is a MUST
- Experience in lease preparation and abstraction is a MUST
- Accounts Receivable experience are a MUST
- Excellent communication skills and savvy administrative skills are a MUST
- Property accounting experience is a plus
- MRI experience is a plus
- Strong IT competency is a plus