Articles and updates on AI lease abstraction, lease data extraction, critical-date tracking and commercial real estate automation.
Most commercial leases require written renewal notice 6 to 12 months before the lease expires, and some require 18 to 24 months. Here is how the renewal notice period works, why it is the most commonly missed critical date, and how to find and track every notice deadline in your leases.
Read articleA practical decision guide to outsourcing lease abstraction vs running it on software in-house, with the cost, turnaround, and document-control trade-offs that actually settle it.
Read articleAI lease abstraction reaches roughly 92 to 98 percent accuracy on standard commercial lease fields, at or above a typical manual first pass, because it applies the same extraction logic to every lease. Here is what drives accuracy, where it slips, and how source links let you verify it fast.
Read articleThe Stark Law office-space exception requires a written lease of at least a year, rent set in advance at fair market value, and space reasonably necessary for the practice. Here is what each requirement means.
Read articleA triple net (NNN) lease has the tenant pay property taxes, insurance, and maintenance on top of base rent. Here is what NNN means, who pays what, and how to read it.
Read articleNet effective rent is the average rent a landlord actually collects over the lease term after concessions like TI allowance and free rent are subtracted from face rent. Here is how to calculate net effective rent, how it differs from face rent and gross rent, and why office REITs and lenders underwrite to it.
Read articleA co-tenancy clause lets a retail tenant cut rent or terminate if an anchor closes or the center falls below an occupancy threshold. Here is how co-tenancy works, the difference between opening and ongoing co-tenancy, the typical remedies, and why it matters to owners, lenders, and buyers.
Read articleAn SNDA is a three-party agreement between tenant, landlord, and lender that sets what happens to a lease if the property is foreclosed. Here is what an SNDA covers, who signs it, how it differs from an estoppel, and why lenders require it.
Read articleA rent roll lists every tenant, lease, and rent payment for a property. Here is what a rent roll includes, what it is used for, and how to build one from your leases.
Read articleWeighted average lease term (WALT) shows how long a property's income is contracted. Formula, worked example, and what counts as a good WALT.
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