The accounting department is an integral part of the management team: collecting rent income and paying service bills in a timely manner, reporting to our investors, and much more.
Rent Payment Procedures - Because we do not render monthly invoices, please keep in mind that your rent is due on the first day of every month. Inquiries regarding your account may be made to Aimee Bramley (abramley@nada.org) at NADA Services Corporation.
All payments should be made payable and sent to the following address:
NADA Services Corporation
Attn: Accounting
8484 Westpark Dr, Suite 500
Tysons, VA 22102
If you would prefer to electronically process this payment, please contact Aimee Bramley (abramley@nada.org) and she will be happy to assist you in providing specific instructions.
Annual Rent Settlements - Each April, our Accounting Department forwards information, also known as a settlement, regarding expenses from the previous calendar year and its impact on your rental amount. We put forth every effort to maintain expenses within the year's budget to avoid any further charges to you. Fortunately, in some cases with these efforts, expenses may be less than expected and you may receive a refund.
- This settlement will be based upon your pro rata share of the actual increases in real estate taxes and operating expenses for the prior year and the final adjustment of your rent based upon the Consumer Price Index.
- It is our objective to minimize annual rent settlements. We are conscientious in trying to provide estimates close to actual expenses. However, our estimates sometimes are too low and may result in an invoice for additional rent. Again, we understand that your organization may be sensitive to unanticipated expenses so we encourage you to contact Aimee Bramley if you desire a "best guess" estimate of this settlement for your annual budget preparations.
Other Charges - From time to time you may receive invoices for additional services such as after hours heating and air conditioning. Assistance in processing these invoices for payment within thirty days is greatly appreciated.
- If you have any questions regarding an invoice or believe there is an error on an invoice, please contact Aimee Bramley.
As you know, there are specifics that are outlined in your lease regarding the financial aspects of your tenancy. We invite you to review these and call one of these professionals if you have any questions. They will be happy to assist you.
