Lease Administrator Salary in Texas - State Average, Texas

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Average Salary for Lease Administrator in Texas - State Average, Texas

The average salary of a(n) Lease Administrator in Texas - State Average, Texas is $86,341.

The average hourly rate of a(n) Lease Administrator in Texas - State Average, Texas is $41.51.

The average bonus of a(n) Lease Administrator in Texas - State Average, Texas is $4,386.00.

Job Description:

Processes and maintains real estate organization or department's operational information. Prepares and tracks real estate documents, deals with landlords and attorneys, initiates negotiations, and works on ad hoc real estate projects. Abstracts and interprets pertinent financial and legal points of all lease documents including new leases, amendments, subleases, and extensions within the lease portfolio into a database along with managing the document files to company-owned real estate and lease contracts. Executes tasks such as rent payments, operating expense reconciliation, maintenance expenses, insurance certificates, and following up with landlords on the status of executed documents. Calculates operating expense estimates, reconciliation bills, and lump sum reports. Tracks critical dates such as lease options, letters of credit, certificates of insurance, etc. Produces all monthly customer billings, and generates reports for monthly operational reporting packages. Posts cash receipts to the general ledger, and collects and monitors all receivables. Assists with budgets and generates various monthly, quarterly, and annual accounting and finance analyses and reports. Reviews and ensures the accuracy of rent roll, reviews lease expirations, makes changes to leases as appropriate, and reviews aged delinquency reports. Collaborate with Accounting, processes invoices, analyzes payment histories, and performs high level audits of payment requests. Ensures leases are properly administered and tenants are in full compliance with provisions of the leases. Maintains customer contact. Provides lease information and invoice information to Property Managers, tenants, and other appropriate parties. Less

Processes and maintains real estate organization or department's operational information. Prepares and tracks real estate documents, deals with landlords and attorneys, initiates negotiations, and works on ad hoc real estate projects. Abstracts and interprets pertinent financial and legal points of... More

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