Final answer:
The Real Estate and Facilities department or a similar department within the organization will ensure ERAA review/approval for all lease requirements.
Step-by-step explanation:
In the context of lease requirements for a business, the approval process is typically overseen by the Real Estate and Facilities department or a similar department within the organization. They would review and approve all lease requirements according to the policies and procedures set forth by the company.
If a lease requirement is approved, it is typically entered into a central database or system used by the organization to manage its leases. This could be an enterprise resource planning (ERP) system, a property management software, or a dedicated lease management platform.
The specific process may vary depending on the organization, but the key is to ensure that there is a designated department or team responsible for handling lease requirements and obtaining the necessary approvals.