Blog tagged as lease

7 Clauses You Must Have In Your Lease Agreement 

11.01.22 12:37 PM By Kriyago - Comment(s)
7 Clauses You Must Have In Your Lease Agreement 

If you're planning to lease out your property, you may have to consider getting a lease agreement prepared before looking for tenants. Lease agreements are written documents to safeguard your property from damages or any legal issues with the Tenant. All the clauses mentioned in this agreement shoul...

Common Lease Abstraction Issues and How To Solve Them 

03.09.21 09:00 AM By Kriyago - Comment(s)
Common Lease Abstraction Issues and How To Solve Them 

Leases are bulky but essential documents in every real estate business. These documents carry important clauses, making lease management even more difficult. Reading leases every time a tenant wants to sign them can be time-consuming. Instead, lease abstracts serve as a summary of the original docum...

IFRS 16: Are You Ready For The Big Change?

10.06.21 06:04 PM By Kriyago - Comment(s)
IFRS 16: Are You Ready For The Big Change?

The International Accounting Standards Board (IASB) introduced IFRS 16 Leases in January 2016. IFRS 16 brings a new lease accounting system, changing the way companies report under IFRS.

  

Almost all companies utilize leasing in some form or the other, with some leasing retail spaces while ...

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