What term describes the examination of asset management in leasing?

The term that describes the examination of asset management in leasing is lease audit. A lease audit involves a thorough review of lease agreements and associated documentation to assess compliance with terms, identify any discrepancies, evaluate financial obligations, and ensure that both lessors and lessees are adhering to their contractual commitments. This process is essential for maintaining accurate asset management, as it helps identify potential overpayments or mismanaged expenses related to the leased assets.

In contrast, lease evaluation typically refers to an analysis of the lease terms to determine if they are favorable or to assess the value of the lease in a broader context, rather than focusing specifically on compliance and management aspects. Lease confirmation generally pertains to verifying the details and terms of a lease agreement without in-depth examination of asset management. Lease analysis could imply a wider range of examinations that might not specifically focus on the audit aspect, encompassing other aspects such as market conditions or strategic leasing decisions. Thus, lease audit is the most precise term when referring to a detailed examination of asset management in a leasing context.