Lease Abstraction
Our Lease Abstraction services are designed and delivered with our clients’ situations and goals in mind:
- Flexible format – abstraction into a portfolio management system, or in a document (Word / Excel / PDF)
- Flexible scope – from brief to the most comprehensive
- Flexible quantity – from one lease to as many as you need
- Flexible terms – the quickest possible turnaround, competitive rates, unlimited data support
A perfect way to get an instant insight into the key lease information
A perfect way to get an instant insight into the key lease information
Why Abstract a Lease?
Why Abstract a Lease?
A Lease Abstract is a clear and concise 3-5 page summary of a lease agreement which is typically over 50 pages long, and not easy to read and understand. It has all the key points contained in the lease – area, rent, options, and the most relevant clauses, and can be customized based on the client’s requirements. Abstracting a lease is a great first step to accessing the lease data – a lease at a glance.
Who Needs Lease Abstraction and Why?
Who Needs Lease Abstraction and Why?
- Tenants – to understand their portfolios: the risks, the cost, and the opportunities
- Landlords – to know how their assets are performing
- Investors – to make better investment decisions
How is it done?
How is it done?
We use the most advanced approach to abstraction process which combines technology (AI / Machine Learning) and human skill, gained through years of professional experience. Rigorous quality control, multiple layers of review, and process automation result in the highest possible accuracy, and timely delivery.
A Lease Abstract is a perfect tool to access the important lease data, yet, it’s only a snapshot in time. Leases are not static – what’s a perfectly accurate Lease Abstract today, won’t be anymore, sooner than it may seem. An ongoing Lease Administration program is a comprehensive solution to portfolio data management.