Verify the permitted rate
Locate the clause authorizing an administration, supervision, or management fee. Note whether it is fixed, market-rate, or already included in another property-management line.
Rebuild the fee base
Identify which costs may be included before the percentage is applied. Remove categories excluded by the lease and check whether the fee was applied before or after tenant allocation.
- Taxes, insurance, and utilities
- Capital costs and tenant-specific charges
- Fees charged on other fees
- Separate property-management costs
Ask for a transparent schedule
The support should show the eligible base, contractual rate, tenant share, and resulting fee. Document any difference and request the calculation before drawing a conclusion.