Real estate contract manager

Real estate contract managers manage real estate contracts including leases and owned property agreements for the company. This role ensures that payments are made, options are executed, and renewals are evaluated.

A Real Estate Contract Manager role typically performs the following tasks:

  • Interprets lease language, verifies building data, abstracts leases, and enters that information into the IBM® TRIRIGA® application
  • Reviews critical dates and determines financial information for each building that includes rents due, CAM adjustments, index adjustments, percentage rent schedules, and any other payments that are associated with real estate contracts
  • Allocates space assignments and costs that are associated to real estate contracts to internal organizations
  • Checks existing contract abstracts for accuracy against the actual lease document
  • Receives and responds to requests for information about the contracts and clarification of clauses
  • Insures compliance with contract clauses
  • Evaluates contract options, makes recommendations to execute or dismiss options, and enters the final decision into the IBM TRIRIGA application
  • Facilitates legal notices and correspondence that is related to lease administration

The portal for this role is based on the following details that are selected in this role’s people record:

  • Home Page: Home - RE Contract Manager
  • Group Details: TRIRIGA RE Contract Manager
  • License Details: IBM TRIRIGA Real Estate Manager
    Optional: IBM TRIRIGA Workplace Performance Management Real Estate