A signed lease is long.
Nobody reads it twice.
Upload the lease and get the fields that actually run the deal, each one shown beside the verbatim language it came from. An abstract that is wrong is worse than none, so a field without a verifiable quote is not shown.
Analyze your first round free
Included when a deal is unlocked. Round 1 of every deal is free.
How it works
Upload the lease
A clean .docx or .pdf. Tracked changes are not needed here, unlike a redline round.
Read the structured fields
Parties, premises, dates, rent schedule, expense structure, deposit, options with their exercise windows, use, and the assignment standard.
Check any field in one glance
Each field carries the verbatim lease text it was drawn from, so verification is a glance rather than a search through sixty pages.
What it changes
- Critical dates stop being a memory problem
- A renewal option exercisable no later than nine months before expiration is void if exercised in month eight, regardless of intent. Windows are captured as windows.
- Nothing summarised from a similar lease
- The common failure in abstracting is describing a clause from memory of how these clauses usually read. Every field here traces to this document's own words.
- Useful during the negotiation, not just after
- Abstracting the current draft makes the shape of a deal legible in a way a sixty page document does not, and it makes a change between rounds obvious.
- Exports where the deal file lives
- Word export, so the abstract goes into the deal file or a lease administration system without being retyped.
Questions
- What file types can I abstract?
- Clean .docx and .pdf both work. Tracked changes are not required for an abstract, unlike a redline round, which needs them.
- How do I know a field is right?
- Every field is displayed beside the verbatim lease text it was drawn from. Where a field cannot be backed by a verifiable quote from the document, it is not shown at all rather than guessed.
- Which fields does it pull?
- The terms that run a deal: parties, premises and square footage, commencement and expiration, the rent schedule, operating expense structure and pro rata share, deposit, options and their exercise windows, use, and the assignment standard.
- Does it catch critical dates?
- Option windows are extracted with the field, so a renewal exercisable no earlier than twelve months and no later than nine months before expiration is captured as a window rather than a sentence you have to reread.
- Can I export it?
- Yes, as a Word document, so it can go into a deal file or a lease administration system without being retyped.
- Is an abstract legal advice?
- No. It is a structured summary of what the document says, with citations so you can verify each field. It does not interpret your obligations for you, and final language belongs with you and your counsel.
Make the lease legible.
Create a deal and upload the document. Round 1 of every deal is free, and the abstract comes with the unlock.