Last updated 05-03-2024
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LeaseLens
LeaseLens is revolutionizing the way professionals handle lease documents by offering an AI-powered Lease Abstraction and Summary service that is entirely free to use. This revolutionary platform utilizes cutting-edge machine learning technology to deliver accurate and rapid lease abstractions, saving clients both time and money.
The days of laborious, error-prone manual abstraction that could cost hundreds of dollars and take several hours are over. With LeaseLens, you can upload your lease documents and within minutes, receive a detailed summary with over 200 industry-standard fields covered. The service promises no compromise on data privacy, as it neither shares your data with third parties nor keeps your leases post-abstraction.
If you need to integrate the abstracted data with systems like Yardi, LeaseLens provides ETL spreadsheet formats. There is also an option for an additional human review for bulk lease projects. It's completely free to view your abstracted data; a nominal fee of $25 is only required if you wish to export the data to Excel or Word.
No-Cost Lease Abstractions: Get your lease data abstracted for free using advanced machine learning technology.
Quick Turnaround: Save time with the ability to abstract lease information in minutes, not hours or days.
Data Export Option: After viewing your abstract for free, export it to Excel or Word for just $25.
Bulk Processing Capability: Ability to abstract multiple leases at once for efficient portfolio management.
Machine Learning Excellence: Benefit from a machine learning model trained on thousands of leases for high accuracy.
1) What types of leases can LeaseLens abstract?
LeaseLens can abstract real estate leases for property management and commercial leases for equipment leasing.
2) Can I abstract multiple leases at once?
Yes, LeaseLens's technology can support the abstraction of multiple leases at a time. For bulk abstraction, you can contact the sales team to get started.
3) What are the benefits of AI in CRE lease abstraction?
AI offers rapid, accurate data extraction leading to cost savings, efficient contract management, and accelerated due diligence.
4) How does LeaseLens make money?
LeaseLens is free for abstracting and viewing leases. A fee of $25 applies if you wish to export your abstract to Excel or Word.
5) What lease information does a LeaseLens abstract contain?
LeaseLens abstracts over 200 fields including titles, critical dates, and renewal options. Customization options allow for adaptability to your specific needs.