P
The percentage used to allocate certain property expenses to a tenant.
A tenant's pro rata share is the percentage used to allocate certain property expenses to that tenant. A common calculation compares the tenant's leased area with the applicable area of the property, but leases can define the denominator differently.
How REAL handles this in practice: CAM & OpEx recovery audit.
The denominator may exclude vacant space, separately maintained areas, anchor tenants or other categories.
How REAL helps
REAL extracts the lease-defined allocation methodology and compares it with the share used in landlord reconciliations.
REAL
REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.