Articles and updates on AI lease abstraction, lease data extraction, critical-date tracking and commercial real estate automation.
A lease abstract is a short, structured record of a commercial lease's key terms. Here is what one looks like, the fields it contains, and a worked example.
Read articleLearn how to read a commercial rent roll line by line: what each column means, the numbers that matter, and the red flags a buyer or lender checks against the leases.
Read articleThe ASC 842 lease term is the noncancelable period plus renewal options you are reasonably certain to exercise. Here is how to apply that test, with examples.
Read articleCompare in-house, outsourced, and AI lease abstraction on real cost per lease, turnaround, accuracy, and document control, with the numbers US real estate teams need to choose.
Read articleA holdover tenant stays past lease expiration without a new term in place. Holdover rent usually runs 150 to 200 percent of the last rent, plus damages.
Read articleAbstracting a commercial lease by hand takes 4 to 8 hours per lease, longer with amendments. Here is what drives the time, how it scales across a portfolio, and how AI cuts it to minutes.
Read articleLease abstract and lease summary are often used to mean the same thing, but in practice they differ in structure and use. Here is the real distinction and which one you need.
Read articleAssignment transfers the whole lease to a new tenant; a sublease keeps the original tenant on the hook. Here is how each works, what landlord consent and recapture mean, and why these clauses decide deals.
Read articleHow to choose a lease abstraction service: the accuracy, turnaround, security, and pricing criteria to vet before you sign, and when AI software beats a vendor.
Read articleAn estoppel certificate confirms the current facts of a lease; an SNDA sets the rules between tenant and lender if the loan is foreclosed. How the two differ.
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