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Administrative fee

A percentage markup a landlord adds to the operating-expense pool to compensate for administering it. It is charged on top of expenses the tenant is already reimbursing.

Frequently confused with a management fee, and a lease may contain both. Presence, method, rate, amount and calculation base are recorded as separate fields so the two cannot be conflated.

REAL

See how administrative fee is handled across 2,236 leases.

REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.

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