Real Estate & PropTech// topic
Lease abstraction and property document AI
In short
What a model can actually pull out of a lease, an amendment or a scanned estoppel — field by field, cited to the page it came from and scored for confidence — and which clauses still need a person to read them before anyone relies on the number.
4 pages
definitions
- Co-tenancy: the clause that can switch fixed rent offCo-tenancy makes one tenant's rent depend on other tenants trading. It is the clearest case where a lease field is not a number but a small state machine attached to the rent line.definition6 min
- Execution, delivery, rent commencement: 3 start dates, not one fieldExecution binds the parties, delivery usually starts the term, rent commencement starts the money. Collapse them into a single start date and at least one downstream clock is wrong.definition6 min
- Lease abstract: the summary someone acts on without opening the leaseAn abstract is not a shorter lease. It is the record an operations team runs a portfolio from, and the test it has to pass is whether the week's decisions can be made from it alone.definition6 min
- Natural and artificial breakpoints: when sales become rentThe breakpoint is the line between sales reporting as a chore and sales reporting as a rent input. The exclusion list behind it can change the rent owed several-fold on identical trading.definition6 min
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