Document AI
Reads lease documents, extracts critical terms, dates, amounts, and special provisions
Parse lease agreements, extract rent escalations, option dates, and maintenance clauses. Build a searchable repository across your entire portfolio with auto-renewal alerts.
Real estate portfolios contain hundreds or thousands of leases with varying terms, renewal dates, and escalations. Property managers track renewals in spreadsheets, missing deadlines and failing to renegotiate terms. Rent payment compliance is manual; exceptions go unnoticed. Lease abstraction for financial reporting is tedious and error-prone. CAM (Common Area Maintenance) calculations are complex and frequently disputed. Searching leases for specific terms (renewal options, termination clauses) is slow.
assistents lease abstraction agent reads thousands of lease documents and extracts key data: tenant, location, dates, rent amount, escalations, renewal options, CAM obligations, and special terms. A searchable database is created automatically. Alerts notify property managers of upcoming renewals 90 days in advance. Rent payment compliance is monitored; exceptions trigger follow-up. Financial reporting is automated with accurate rent schedules and liability calculations.
Reads lease documents, extracts critical terms, dates, amounts, and special provisions
Calculates rent escalations, CAM amounts, flags lease exceptions and discrepancies
Tracks renewal dates, sends reminders, monitors rent payment compliance, generates financial schedules
Property team uploads all active lease documents (PDF, scanned, Word). assistents ingests and indexes.
Document AI reads leases, extracts tenant, date range, rent amount, escalations, renewal options, CAM.
Extracted data is indexed in searchable database. Property team can search by tenant, location, or provision.
Agent monitors renewal dates. Sends alerts 90 days before expiration. Tracks negotiation status.
Agent tracks rent payment dates, CAM billings, and lease compliance. Flags exceptions for follow-up.
5 steps deploy to production in weeks
Schedule a personalized demo to see how assistents’s AI agents can solve this challenge for your organization.