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Lease Abstraction Services

Turn complex lease agreements into clear, actionable insights

Our expert Lease Abstraction team meticulously extracts and summarizes critical lease information, providing you clear, actionable data for your property portfolio.

18+ Languages Handled 800+ Skilled Professionals 250+ Global Clients

Our Lease Abstraction Process

What We Do

Making critical lease data easily accessible through our accurate and timely lease abstracts.

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Lease Term Extraction

We summarize lease dates (commencement, renewal, termination) to help you manage the entire lifecycle of your lease effortlessly.

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Financial Details

From rent amounts and payment schedules to escalation clauses and security deposits, our lease abstraction services ensure you never miss critical financial obligations.

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Tenant and Landlord Obligations

We clarify maintenance duties, usage restrictions, and insurance needs, preventing compliance issues and disputes.

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Critical Dates and Deadlines

Stay ahead of rent reviews, renewal notices, and inspection schedules with our accurate tracking services.

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Special Clauses

We summarize key clauses like exclusivity rights, co-tenancy, and termination options for complete lease understanding.

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Compliance Assurance

We offer continuous support and updates, ensuring your lease data is always current and accurate.

75K+
Leases handled
100%
Accuracy on dates & dollar
18+
Languages handled
150k+
Hours of RE services

Why Choose Springbord Real Estate Lease Abstraction Services

With our Lease Abstraction service, you get accurate, concise, and easily accessible lease abstracts that empower you to Streamline your lease management and enhance operational efficiency.

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    Quicker Turnaround

    Our streamlined abstraction process saves you hours of document review by summarizing critical lease details quickly and accurately.

  • Icon representing increased accuracy

    Increased Accuracy

    With meticulous attention to detail, we ensure precise abstractions, reducing the risk of errors and costly mismanagement.

  • Icon representing cost savings

    Cost Savings

    Outsourcing your lease abstraction services reduces overhead costs and improves operational efficiency.

  • Icon representing centralized data access

    Centralized Data Access

    We organize your lease data in easy-to-access formats, ensuring that critical information is always at your fingertips.

  • Icon representing expertise across multiple lease types

    Expertise Across Multiple Lease Types

    From commercial to residential leases, we handle all types of real estate contracts with in-depth expertise.

  • Icon representing scalable solutions

    Scalable Solutions

    As your portfolio grows, our services scale effortlessly, providing consistent quality and timely delivery.

  • Icon representing enhanced decision-making

    Enhanced Decision-Making

    Our accurate lease data empowers informed decisions on renewals, acquisitions, and portfolio management.

  • Icon representing lease administration platform expertise

    Lease Administration Platform Expertise

    Our team is proficient in utilizing industry-leading lease administration platforms to update lease data efficiently.

  • Icon representing quality assurance

    Quality Assurance

    Our 3-level stringent quality control ensures that each lease abstract is thoroughly reviewed for accuracy and completeness.

  • Icon representing data security and compliance

    Data Security

    We adhere to ISO 27001 standards and strict confidentiality agreements, ensuring that all client information is kept private and secure at every lease abstraction stage.

What makes us a trusted lease abstraction company?

With over 9 years of specialized experience in the real estate industry, Springbord stands as a leading real estate service company and a trusted Lease Abstraction Company. It is a trusted partner for a diverse clientele across Office, Retail, and Commercial Real Estate sectors.

The Enerji Group logo
h4class="font-medium text-lg text-gray-900">Part of The Enerji Group
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800+ Employees

9 Years in Real Estate Service

9 Years in RE Service

4

Global Fortune 500 Clients

Great Place to Work certification badge 4 Years in a row

Great Place to Work-Certified™

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Six Sigma Certified Team

ISO 9001 certification badge

ISO/IEC 9001 Certified

ISO/IEC 27001 certification badge

ISO/IEC 27001 Certified

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Provide Certainty

What Our Clients Say About Us

  • "Our firm has partnered with Springbord for several years, and they consistently exceed our expectations. Their team is not only responsive and flexible with ad hoc requests but also consistently delivers on time, often ahead of schedule. Their expertise in lease abstraction and data validation has been invaluable to us. We look forward to exploring even more of their service offerings."

    - Client Service Manager

    a top CRE firm

  • "We have really enjoyed our partnership with Springbord and have been very pleased with the work and the relationship."

    - Chief Integration Officer

    Boutique Asset & management firm based in Florida

  • "As mentioned during the call yesterday, you and your team are performing so well, and we are so thrilled with your work product. As such, I will give you a 10. Keep up the amazing work!"

    - Vice President, Lease Administration

    Real Estate Services Company based in USA

Got Complex Lease Management Needs?

Customized Services

Custom lease abstraction services tailored to the needs of every real estate industry player.

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Mortgage Lenders

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Investors

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Brokers

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Commercial Real Estate Firms

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Property Owners

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Real Estate Investment Trusts (REITs)

Languages Handled

Multilingual lease abstracts in a wide range of languages to simplify global lease management.

  • Flag of France French
  • Flag of Germany German
  • Flag of Spain Spanish
  • Flag of Italy Italian
  • Flag of Portugal Portuguese
  • Flag of the Netherlands Dutch
  • Flag of Poland Polish
  • Flag of Sweden Swedish
  • Flag of Romania Romanian
  • Flag of Russia Russian
  • Flag of Norway Norwegian
  • Flag of Denmark Danish
  • Flag representing Arabic language Arabic
  • Flag of China Chinese
  • Flag of Japan Japanese
  • Flag representing Mandarin language Mandarin
  • Flag of South Korea Korean
  • Flag of Vietnam Vietnamese

Download Free Lease Abstract Template

Fill out the quick form, and we'll email you a free lease abstract template.

Software Expertise

Leverage our broad expertise in various real estate management software platforms. Whether you need to optimize, migrate, or select the right platform, we've got you covered.

With experience serving over 250 clients, we specialize in Lease abstraction and administration Platforms like Yardi, MRI, ProLease, Lease Harbor/HF-Apex, Visual Lease, Costar, Sequentra, Tririga and Tango; Accounting Software like QuickBooks, Appfolio, Procore, Yardi, MRI and Tango.

Yardi
MRI
ProLease
Lease Harbor/HF-Apex
Visual Lease
Costar
Sequentra
Tririga
Tango

Case Study

The Challenge: Abstracting a Large Portfolio of Leases

The Solution: Ensuring Accurate Data Validation

Results: Achieving Accurate and Cost-Effective Lease Abstraction

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Delivered accurately and cost-effectively

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Leases within a span of two months

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On-Time Quicker turnaround

Case Study Booklet

Frequent questions and answers

Your Questions about Lease Abstraction, Answered

Lease abstraction is the process of extracting and summarizing critical information from lease agreements into a concise, easily accessible format. This process includes key details such as lease terms, rent amounts, renewal options, and tenant obligations. These services help real estate professionals streamline property management, ensure compliance, and make informed decisions by providing clear and organized lease data.
The cost of lease abstraction varies based on several factors, including the complexity of the lease agreements, the volume of leases to be abstracted, and the level of detail required. Generally, prices can range from $90 to $250 per lease, with some providers offering discounted rates for bulk projects. It's best to request a customized quote to get an accurate estimate tailored to your specific needs.
Preparing a lease abstract involves several key steps to ensure all critical information is accurately captured. First, gather all relevant lease documents and any amendments or addendums. Carefully review each document, identifying and extracting essential details such as lease terms, rent schedules, renewal options, and tenant responsibilities. Organize this information into a structured format, typically a template, highlighting the most pertinent data for quick reference. Double-check the abstract for accuracy and completeness, ensuring all critical clauses and financial terms are included. Finally, store the abstract in a centralized, accessible location for easy retrieval and ongoing reference.
The time required to complete a lease abstract varies depending on the complexity and length of the lease document, as well as the experience of the person performing the abstraction. On average, it can take anywhere from a few hours to a full day per lease. Simple leases may be abstracted in a couple of hours, while more intricate agreements with numerous clauses and amendments can take significantly longer. For bulk projects, the timeline can extend to several weeks, depending on the number of leases and the resources dedicated to the task.
A lease abstract must include key details to provide a comprehensive summary of the lease agreement. Essential elements typically encompass the lease term, including start and end dates, rent amounts and schedules, security deposits, and any renewal options or termination rights. It should also detail tenant and landlord obligations, maintenance responsibilities, permitted uses of the property, and any restrictions or special clauses. Additionally, the abstract should highlight important dates for rent reviews, lease renewals, and notice periods, ensuring all critical information is easily accessible for reference.
We have an unwavering focus on delivery excellence, which enables us to establish long-term relationships with our clients. We have developed a three-level quality-assurance process to deliver accurate lease abstractions.
No, there is no extra cost involved.
The abstraction per se is not handled through the tool. However, allocation and reporting are managed using the workflow tool, which helps us to streamline the process, increase visibility, and maximize productivity.
The usual turnaround time to abstract an English lease is anywhere between four and eight hours. The TAT for 50 leases is 10 working days.
Yes, we believe in minimizing the risk for both our clients and ourselves; that is why we have an indemnity insurance cover for USD 1 million.
Since we handle various types of leases, our team has developed an expertise in identifying critical information and managing abstractions for various contracts. So, yes, we can handle both loan and joint venture agreement abstractions. Clients who are interested in this service may please share some sample documents for us to evaluate.
We have an integrated team of abstractors, reviewers, and quality auditors who have a diverse background and experience in lease management.
We cover 18 non-English languages including French, Arabic, and Chinese. First, we translate the lease into English and then abstract and integrate it into the client database.
In addition to our Lease Abstraction service, we offer comprehensive solutions including Lease Accounting, Lease Administration, Lease Data Migration, and Lease Validation.

Guaranteed 100% accuracy on critical dates & dollar value

Optimize your Real Estate Portfolios efficiently and quickly in 18+ languages.

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  • Unlock key lease data
  • Reduce risk
  • Save time

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