Property ManagementMRI Software

Lease Abstraction for MRI Software

By Angel Campa, Founder · Updated March 2026

About MRI Software

MRI Software is a comprehensive real estate management platform serving commercial, residential, and investment management clients across lease administration, financial management, and facilities. MRI's commercial suite handles the full lease lifecycle from proposal through CAM reconciliation and reporting. It is particularly strong for complex lease structures, multi-currency portfolios, and investment management use cases.

How Lextract Helps

Lextract outputs lease data in MRI-compatible formats, mapping extracted fields to MRI's lease commencement, charge schedule, and option tracking data structures. Teams using MRI for commercial lease management can eliminate the manual lease entry bottleneck by running all new leases through Lextract first, then importing the structured output. This is especially valuable for high-volume acquisition portfolios where dozens of leases need to be entered into MRI quickly.

Workflow: Extract to Import

1Upload executed lease PDF to Lextract and receive the 126-field extraction report
2Download the Excel export with fields mapped to MRI's lease entry schema
3Review confidence scores and verify medium/low-confidence fields against the source lease
4Use MRI's lease import template to load base lease data, rent schedules, and critical dates
5Manually enter options data using Lextract's extracted option terms as the source
6Run MRI's lease data validation to confirm all required fields populated correctly

Supported Export Formats

Lextract provides the following export formats compatible with MRI Software:

CSVExcelJSON

Critical Fields for MRI Software

These are the highest-priority fields Lextract extracts for MRI Software users:

Landlord Legal Name Tenant Legal Name Commencement Date Expiration Date Base Rent Cam Estimate Pro Rata Share Renewal Options Notice Requirements

Frequently Asked Questions

Can Lextract data be used with MRI's ProLease module?

Yes. Lextract's JSON and CSV exports can be mapped to MRI ProLease's data fields for ASC 842 and IFRS 16 lease accounting. The critical data points — commencement date, term, lease payments, renewal options, and discount rates — are all extracted by Lextract and can be formatted for ProLease import.

How does Lextract handle MRI's charge code structure?

Lextract extracts all rent and expense components separately: base rent, CAM estimate, real estate taxes, and insurance. Each component maps to a separate MRI charge code. The Excel export labels each line item with the corresponding MRI charge code naming convention to simplify the import process.