What are the responsibilities and job description for the FD LEASE ABSTRACTION COORDINATOR position at Family Dollar?
Summary Of Position
As part of Legal/Real Estate, support Family Dollar’s existing and growing portfolio of stores by: (1) drafting and managing critical lease documentation, including notices of non-renewal, tenant estoppels and SNDAs, and ancillary real estate agreements; (2) providing accurate interpretation and management of lease documentation, including abstraction of leases and amendments for the timely and accurate payment of rent and other financial obligations; and (3) verifying changes to ownership, rent payee, addresses, and other information and updating and maintaining the system of record.
Principal Duties And Responsibilities
510 Volvo Parkway,Chesapeake,Virginia 23320
Lease Administration
Family Dollar
As part of Legal/Real Estate, support Family Dollar’s existing and growing portfolio of stores by: (1) drafting and managing critical lease documentation, including notices of non-renewal, tenant estoppels and SNDAs, and ancillary real estate agreements; (2) providing accurate interpretation and management of lease documentation, including abstraction of leases and amendments for the timely and accurate payment of rent and other financial obligations; and (3) verifying changes to ownership, rent payee, addresses, and other information and updating and maintaining the system of record.
Principal Duties And Responsibilities
- Complete diligence necessary to prepare tenant estoppel certificates/SNDAs in compliance with lease obligations and deadlines.
- Abstract all original leases and lease related documentation and enter required critical information into the Company’s lease management and financial reporting system.
- Draft notices to Landlords to extend or terminate the term of leases, and track such notices.
- Process requested vendor changes by obtaining and reviewing supporting documentation, including deeds, assignments of lease, management and/or operating agreements, and W-9s.
- Other projects as assigned.
- 2 years of experience in commercial lease administration, commercial real estate, or commercial property management
- Excellent computer skills, including Microsoft Word and Excel, and attention to detail
- Excellent oral and written communication skills, ability to draft and edit legal documents using proper grammar and punctuation
- Strong time management skills with the demonstrated ability to juggle multiple tasks and adapt and respond to changing priorities with a sense of urgency
- Ability to work independently and as part of a team, emphasizing professionalism and courtesy
- Two years of post-high school education
- Legal background preferred
- Paralegal Certificate preferred but not required
510 Volvo Parkway,Chesapeake,Virginia 23320
Lease Administration
Family Dollar