Lease Abstraction Software — 126 Fields in Under 3 Minutes
Lextract is AI-powered lease abstraction software that processes any commercial lease PDF in under 3 minutes. Upload a lease, get 126 structured fields — rent schedule, CAM provisions, dates, options, red flags — extracted with per-field confidence scores. $10 per lease. No subscription required.
All parties, financials, dates, CAM provisions, options, and red flags
From PDF upload to full structured output
Automated identification of unfavorable provisions
No subscription. Volume pricing: $45/5-pack, $85/10-pack
Per-field confidence scores flag low-confidence extractions for review
JSON, Excel (.xlsx), Word (.docx), and PDF report
How Lextract Lease Abstraction Software Works
Lextract lease abstraction software runs a two-stage pipeline — AWS Textract OCR followed by Anthropic Claude AI extraction — to produce 126 structured fields from any commercial lease PDF in under 3 minutes.
- 1
Upload Your Lease PDF
Drag and drop any commercial lease PDF (up to 200 pages). Lextract accepts scanned paper leases and native digital PDFs.
- 2
AWS Textract OCR
AWS Textract performs layout-aware optical character recognition, preserving document structure — table rows, clause headers, defined terms — that flat text extraction misses.
- 3
Anthropic Claude AI Extraction
Claude reads every page and extracts 126 structured fields: parties, rent schedule, CAM provisions, renewal options, critical dates, and 20 red flag checks.
- 4
Structured Output Ready for Export
Download JSON (for Yardi/MRI integration), Excel (.xlsx), Word (.docx), or PDF. Every field includes a confidence score (High/Medium/Low) so reviewers focus effort on flagged fields.
Lease Abstraction Software Compared
Lextract lease abstraction software costs $10 per lease with no subscription — compared to $150–500 for manual paralegal abstraction or annual enterprise contracts starting at $10k+/year.
| Manual Paralegal | Outsourced BPO | Enterprise (Prophia/MRI) | Lextract | |
|---|---|---|---|---|
| Cost per lease | $150–500 | $50–150 | Enterprise contract | $10 |
| Time per lease | 3–8 hours | 1–5 days | Minutes | Under 3 min |
| Fields extracted | 40–80 | 30–80 | Varies | 126 |
| Confidence scoring | No | No | Varies | Every field |
| Red flag detection | Manual | Manual | Limited | 20 automated checks |
| Contract required | No | Sometimes | Annual contract | No |
What Lextract Lease Abstraction Software Extracts
Lextract lease abstraction software extracts 126 fields across 6 categories from every commercial lease — parties and premises, financial terms, key dates, options and rights, expense obligations, and use restrictions.
Parties & Premises
Landlord, tenant, guarantors, suite number, rentable square footage
Financial Terms
Base rent, escalation schedule, CAM estimate, security deposit, TI allowance
Key Dates
Commencement, expiration, rent commencement, renewal deadlines
Options & Rights
Renewal options, expansion rights, right of first refusal, termination options
Expense Obligations
CAM cap, exclusions, real estate tax base year
Restrictions & Use
Permitted use, exclusive use clause, co-tenancy, go-dark rights
Lease Abstraction Software FAQs
What is lease abstraction software?
Lease abstraction software automatically extracts structured data from commercial lease PDFs into a standardized format for property management databases, accounting systems, and due diligence workflows. Lextract processes any commercial lease in under 3 minutes, extracting 126 fields with per-field confidence scores and 20 automated red flag checks.
How much does lease abstraction software cost?
Lextract costs $10 per lease extraction — no subscription, no setup fee, no minimum commitment. Volume pricing: $45 for 5 leases ($9 each) and $85 for 10 leases ($8.50 each). Credits never expire. Enterprise lease abstraction platforms like Prophia and MRI Contract Intelligence require annual contracts typically starting at $10,000–$100,000+ per year.
How accurate is AI lease abstraction software?
Lextract achieves 95–98% field-level accuracy on standard commercial lease formats (NNN, modified gross, full service gross). Every extracted field includes a confidence score (High, Medium, or Low). Low-confidence fields are automatically flagged for human review, so reviewers focus on the 5–10 fields that need attention rather than re-reading the full document.
What commercial lease types does Lextract support?
Lextract supports all major commercial lease structures: triple net (NNN), modified gross, full service gross, percentage leases, ground leases, and industrial leases. Lextract lease abstraction software extracts the same 126 fields from every lease type, adapting extraction logic to the specific expense structure (NNN vs. gross) and relevant provisions.
How is Lextract different from enterprise lease management software?
Enterprise platforms (Prophia, MRI Contract Intelligence, Yardi) combine lease abstraction with full portfolio management, reporting dashboards, and workflow automation — at $10k–$100k+/year in annual contract fees. Lextract is purpose-built for the abstraction step only: upload a PDF, get structured data, export it. At $10/lease with no subscription, Lextract lease abstraction software fits teams that need accurate extraction without platform lock-in.
Can lease abstraction software handle scanned leases?
Yes. Lextract uses AWS Textract — Amazon's layout-aware OCR service — to process scanned paper leases. Textract preserves document structure (table rows, clause headers, defined terms) that flat text extraction misses. Confidence scores reflect OCR quality: a clearly scanned document returns High-confidence fields, while low-quality scans flag affected fields for review.
Does lease abstraction software work for ASC 842 compliance?
Yes. ASC 842 (FASB) and IFRS 16 require companies to recognize operating leases on the balance sheet. This requires accurate extraction of: lease term (including reasonably certain renewal periods), base rent schedules, variable lease payments, and commencement dates. Lextract extracts all of these as structured fields, reducing the data preparation step for ASC 842 compliance from hours to minutes.
What export formats does Lextract support?
Lextract exports to JSON (for direct database integration with Yardi, MRI, or custom systems), Excel (.xlsx) for spreadsheet analysis, Word (.docx) for client-ready reports, and PDF for formal documentation. Every export includes confidence scores and red flag annotations.
Ready to Extract Your First Lease?
Lextract lease abstraction software delivers 126 structured fields from any commercial lease PDF in under 3 minutes. $10 per lease. No subscription required.
Extract Your First Lease — $10No subscription. Credits never expire.