"Mili was amazing a true asset; her service was timely and on budget. Being new to such an industry she helped me review leases of current tenants to find potential issues in the near future arising from loopholes caused by amendments and assisted in revising a current lease so that it was flexible with future tenants moving in. She is now apart of our risk assessment tool in evaluating new or renewing tenant leases."
"Our Downtown Business Improvement Area (DBIA) recently held a contest to give away a free downtown storefront for a year. As part of the winning package Mili Mezei of The Canadian
Lease Abstractor offered her services to help the winning contestant to understand the commercial lease.
Mili went above and beyond what we ever hoped for as she not only showed an immense understanding of commercial leases but she also was a huge support in negotiating better terms for our winning contestant. Her vast experience in real estate was showcased as we went back
and forth with landlords on a few properties.
Mili made sure she was always available night and day and we never had any trouble getting a hold of her or getting the quick support when needed. Her professionalism and knowledge was a
great source of both comfort and calm for our winning entrepreneur.
At a fraction of the cost of a lawyer I believe The Canadian Lease Abstractor is a very affordable and competent choice or option for anyone who requires help in understanding the complexities of a commercial lease, and further to know what kind of questions need to be asked and what sort of protections need to be in place."
"I have known Mili in excess of 25 years.
Professionally we have worked together for approximately 10 years. During that time Mili has completed in excess of 500 commercial lease abstracts for office, multi-tenant retail, stand alone retail and industrial properties.
Mili’s knowledge and attention to detail is second to none. She has an excellent understanding of property management software, the needs of the financial reporting and management for accurate lease abstracts.
Mili has always been professional, personable and willing to work with her clients to achieve their particular goals on a timely basis."
"I believe that there is a market gap and therefore opportunity for lease abstracts.
There is a massive number of commercial lease signing, renewals and terminations annually in the Peterborough area and nationwide. Commercial leasing is very different than a residential lease and many individuals (both landlords and tenants) are not familiar and all the clauses and terms. The knowledge gap is not a problem at first, but down the road when there is a problem needing to terminate early, confusion over maintenance responsibilities such as snow removal or repairs, or what happens if the building ownership changes. Landlords often purchase a commercial building and inherit a wide array of individual, non-standardized leases.
The option for assistance in translating these complex legal documents if often only law firms which can often be expensive and intimidating. This is something that "should" be done to prevent future expensive problems.
I do believe that lease abstracting can become a more common service, not unlike residential home inspections have become. A commercial lease is a major time and dollar commitment. Spending $500 upfront to mitigate a $50,000 mistake makes sense.
Mili's background as a paralegal AND a realtor gives her insight, experience and a unique tool box."