REoptimizer® Blog

What is a Commercial Lease Abstract & What Should You Know?

Posted by Don Catalano on May 10, 2021

Commercial lease agreements can be lengthy and complex documents. Extracting key information from a lease can be time-intensive and extremely difficult. A lease abstract is a concise, easy-to-understand summary of a lengthy lease agreement. It also provides the structure for easy referencing in the original lengthy lease document. A lease abstract summarizes key points in a commercial lease, including legal, financial, and business information about tenants, landlords, and investors. Lease abstracts can also highlight errors, inconsistencies, and missing information that can be vital to an informed decision.

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Topics: Lease Abstract