Lease Abstraction Services

The first step to efficient Lease Administration involves proper Abstraction of the Lease.  CenterSoft™ Business Solutions can help you streamline this process, focusing on a uniform analysis of both the Financial and Non-Financial aspects of the Lease. 

The CenterSoft™ Lease Abstraction Services can provide you with summarized access to the critical provisions and clauses contained within the Lease, combined with instant access to digital imaging of the original Lease and related documents.  Helping you to eliminate unexpected, costly surprises to the Landlord or the Lessee, and avoid potential loss of income from common mistakes such as missed escalations or Common Area Recoveries.

• Critical Lease Dates

• Periodic Rents and Charges

• Rent Increase Provisions – including escalations based on CPI

• Optimize recovery of CAM related expenses, properly accounting for items specifically allowable or excluded

• Percentage Rent and Sales Tracking

• Detailed Billing Terms and provisions for Late Charges

• Insurance Requirements

• Options to Renew

• Customized Memos

• Easily attach digital copies of the Lease and related documents

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Copyright © 2009 CenterSoft, Corp.
Last modified: August 07, 2009