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Although lease abstraction makes lease management easier, the extraction process is time-consuming and requires a thorough analysis of documents and an in-depth knowledge of finance leases. The Significance of Lease Abstraction for Real Estate Businesses The real estate market relies heavily on lease abstraction, a service that summarises key provisions of a lease agreement into
Commercial real estate is one of the worst hit industries in the wake of the pandemic. As work from home continues, with some companies opting to adopt that policy as a new way of working, many offices are actively reducing their infrastructure footprints. This is helping companies to save cost and optimize returns. According to
Commercial lease abstraction is a fundamental and a critical part of the real estate industry. Accurate, timely and concise lease abstraction helps manage a variety of processes and operations efficiently. Plus, efficient lease abstraction means effective lease data management that helps gain a lot of timely insights that support strategic and profitable business decision making.
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