Lease abstraction
Key lease terms extracted into the portfolio register
How a run goes
The steps this agent takes, in order, and what each one leaves behind.
Reads the lease and the amendments
Extracts the key terms from each lease: the parties, the premises, the term, the rent schedule, the options and the notice dates
Extracts the terms into the abstract
Loads the abstract into the portfolio register and flags the options and the notices due within a year
Updates the register and the calendar
Drafts the reminders for the real estate team
Works in
Box, SAP, SharePoint
Box, SAP, SharePointWhat it does
- Extracts the key terms from each lease: the parties, the premises, the term, the rent schedule, the options and the notice dates
- Loads the abstract into the portfolio register and flags the options and the notices due within a year
- Drafts the reminders for the real estate team
Connects to
Need it to work differently?
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