Lease Lens

What is Lease Lens: AI Tool for Quick Lease Data Extraction?

Lease Lens is an innovative AI-based lease abstraction software designed to provide users with a fast and accurate solution for extracting relevant lease data. By harnessing the power of machine learning technology, Lease Lens can effectively abstract information from real estate and commercial lease documents, saving valuable time and resources.

How to Use Lease Lens?

Using Lease Lens is simple and hassle-free. Just follow these steps:

1. Upload your lease document.
2. Wait for the artificial intelligence algorithms to extract the relevant lease data.
3. View and export the abstracted data to Excel or Word.

Key Features From Lease Lens

• AI-based Lease Abstraction

Lease Lens employs advanced artificial intelligence techniques to automate the lease abstraction process. This ensures quick and accurate extraction of lease data, eliminating the need for manual labor and reducing the chances of errors.

• Fast and Accurate Data Extraction

With Lease Lens, users can extract lease data swiftly and with utmost precision. The machine learning algorithms behind Lease Lens have been trained on thousands of lease agreements, enabling the software to deliver reliable and accurate results in a fraction of the time it would take for manual extraction.

• View Abstracted Data for Free

Lease Lens allows users to conveniently view the abstracted lease data without any additional cost. This feature enables users to review the extracted information before deciding whether to proceed with exporting the data to Excel or Word.

• Export Results to Excel or Word for $25

For users who wish to export the abstracted lease data, Lease Lens offers a seamless integration with Microsoft Excel and Word. With just a single click, users can export the data to these popular file formats for further analysis and customization. Please note that the export feature is available for a nominal fee of $25 per abstract.

• Customizable Lease Abstracts

Lease Lens understands that different users may have specific requirements when it comes to their lease abstracts. That's why the software offers customization options, allowing users to tailor the abstracts to their specific needs. Whether it's adding additional provisions or including specific lease details, Lease Lens provides the flexibility to create personalized abstracts.

• Trained on Thousands of Lease Agreements

Lease Lens has been meticulously trained on a vast database of lease agreements spanning various industries and sectors. This extensive training ensures that the software can accurately interpret and extract lease information, regardless of the complexity or uniqueness of the document.

• Used by Top Law Firms

Lease Lens has gained recognition and trust from leading law firms, who rely on its advanced capabilities and accuracy. By choosing Lease Lens, users can benefit from the same cutting-edge technology and expertise that top legal professionals rely on for lease abstraction.

FAQ from Lease Lens

What is Lease Lens?

Lease Lens is an AI-based lease abstraction software that allows users to extract relevant lease data quickly and accurately. It uses machine learning technology to abstract information from real estate or commercial lease documents, saving time and cost.

How to use Lease Lens?

1. Upload your lease document. 2. Wait for the artificial intelligence to extract the relevant lease data. 3. View and export the abstracted data to Excel or Word.

What types of leases can LeaseLens abstract?

LeaseLens can be used for real estate lease abstraction in the case of property management and commercial lease abstraction for those who lease equipment.

Can I abstract multiple leases at once?

Currently, you can only abstract one lease at a time on LeaseLens. However, multiple lease abstraction is being developed.

What are the benefits of AI in CRE lease abstraction?

AI-based CRE lease abstraction tools can extract data in minutes, saving time and cost compared to manual data extraction. This results in accelerated due diligence, simplified lease administration, and more efficient contract management.

How does LeaseLens make money?

LeaseLens is free to use, but exporting the lease abstract to Microsoft Excel or Word costs $25 per abstract.

How does LeaseLens work?

LeaseLens uses optical character recognition (OCR) to read and understand lease documents. Its AI then scans the document and extracts relevant lease information using a machine learning algorithm trained over 12 years.

What lease information does a LeaseLens abstract contain?

LeaseLens can automatically identify over 200 industry standard fields, including title, critical dates, renewal options, and square footage of premises, among others. Users can also customize the abstract to include specific provisions they want to look for in their leases.