Lease administration is usually a department in a real estate company. Lease administration involves receiving rents from facilities they own and paying rent for the facilities they lease, and other activities. It has become an integral part of our accounting, administrative, and legal requirements normally associated with a real estate portfolio. This includes and is not limited to: lease review and abstracting accounting and processing, lease audits, CAM charges, lease renewal options, repairs and maintenance, information management and reporting, Occupancy costs analysis, operating expense review, and document storage and maintenance