lease abstractions

Blog tagged as lease abstractions

Streamline Lease Management for Lessees with Yardi Corom
For lessees, managing multiple leases across various landlords, properties, and equipment can quickly become complex and time-consuming.
05.11.24 08:17 AM - Comment(s)
Revolutionizing Lease Abstraction: The Synergy of AI and Human Intelligence
In the ever-evolving world of real estate, lease abstraction has traditionally been a time-consuming and labor-intensive process.
01.11.24 04:46 AM - Comment(s)
7 Benefits of Automated Lease Abstraction

Having all the critical lease information at your fingertips is essential for monitoring the property's performance and dealing with day-to-day property-related issues. 

 

Property managers have multiple clients, including property owners, investors, and tenants. To coordinate among them and...

24.06.24 11:25 PM - Comment(s)
What Should a Commercial Lease Termination Letter Include? 
Delve into the essentials of drafting a lease termination letter for commercial properties, a crucial step in the process of ending a lease agreement.
11.01.24 06:55 PM - Comment(s)

In commercial real estate, lease agreements play a crucial role in defining the relationship between landlords and tenants and making sure that both parties have full understanding of what they are getting into. However, managing a large portfolio of leases can be challenging, and errors or oversigh...

25.09.23 10:03 PM - Comment(s)
Lease Abstraction vs Lease Audit: What You Need to Know

In commercial real estate, lease agreements play a significant role in defining the relationship between landlords and tenants. However, understanding the intricate details of these agreements can be complex and time-consuming. To simplify this process, two commonly used methods are lease abstractio...

21.08.23 10:01 PM - Comment(s)
The Top Benefits of RPA in Real Estate 

The real estate industry is increasingly embracing technological innovations to streamline operations and maximize efficiency. Robotic Process Automation (RPA), which has revolutionized various sectors by automating repetitive tasks and enabling employees to focus on more value-added activities. In ...

21.08.23 09:52 PM - Comment(s)
IoT and Property Management: Streamlining Operations for Residential Properties 

The integration of IoT (Internet of Things) technology in residential properties has revolutionized property management operations. By leveraging connected devices and systems, property managers can streamline processes, enhance tenant experiences, and optimize resource management. In this blog post...

21.08.23 09:52 PM - Comment(s)
IoT for Commercial Real Estate: Increasing Efficiency and ROI 

In today's rapidly evolving business landscape, commercial real estate businesses are constantly seeking innovative solutions to enhance their operations, increase efficiency, and maximize return on investment. The IoT has emerged as a game-changing technology that offers tremendous potential in tra...

21.08.23 09:52 PM - Comment(s)
Key Points to Include in a Lease Abstraction 

A lease abstraction is a concise summary of the essential terms and conditions of a lease agreement. It provides an overview of the key provisions that both landlords and tenants need to understand.  


This blog post will outline the five key points that should be included in a lease abstrac...

21.08.23 09:52 PM - Comment(s)
What is a Lease Audit? 
By referring to the terms outlined they can function harmoniously. Unfortunately, not all agreements are transparent and mutually beneficial. Even the best lease agreements are fallible and sometimes these unfavorably favor the landlords' side.
12.02.23 11:13 PM - Comment(s)
Things To Know About Lease Audits 

As a property owner, leases can both be a gift and a boon. The contract signed between the tenant and the landlord sets the tone for their relationship. It contains provisions on rent payment, security deposits, and other additional costs. 

13.02.22 05:16 PM - Comment(s)
Lease Abstraction Software for Property Management Companies 

If you are still analyzing your contracts without lease abstraction software, you are giving yourself unnecessary work. Before formulating the lease abstract, this software considers key factors like tenant agreements, lease details, and sales portfolio. As a result, you get a highly accurate r...

08.01.22 11:48 PM - Comment(s)
Getting Creative with Rent Collection using technology and innovative thinking to support Canada's landlords

These are stressful times for landlords. While the job may call for collecting rent, a tough economy and pandemic measures have made it harder for most to make good on this responsibility.


For many, pursuing eviction is an unwelcome option. Landlords already have a lot to worry about, from lease audi...

02.03.21 02:08 PM - Comment(s)

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