What fields should a lease extraction template include?

A complete lease extraction template covers 126 fields across 16 categories: parties and property (10 fields), key dates and term (7), rent and escalations (13), CAM and operating expenses (15), options (12), tenant improvements (6), insurance and indemnity (6), assignment and subletting (6), default and remedies (6), exclusivity and co-tenancy (6), parking and common areas (5), utilities (6), signage and permitted use (5), miscellaneous (10), ASC 842 compliance (8), and casualty, condemnation, and force majeure (5).

Where do you find base rent in a commercial lease?

Base rent is defined in the rent section of the lease, typically titled 'Rent,' 'Base Rent,' 'Minimum Rent,' or 'Fixed Rent.' Look for a table or schedule showing annual amounts, monthly amounts, and per-RSF rates. If the lease has amendments, check the most recent amendment first, as it may override the original rent schedule entirely.

Which lease fields are required for ASC 842 compliance?

ASC 842 requires 8 specific fields: lease classification (finance vs. operating), discount rate (incremental borrowing rate), purchase option, variable lease payments, residual value guarantee, lease incentives received, short-term lease election, and lease term including reasonably certain renewal periods. These fields are in addition to the standard extraction fields like commencement date, payment schedule, and escalation terms.

Lease Extraction Template: The 126-Field Commercial Lease Checklist

Most lease extraction templates cover 30 to 40 fields. That captures the headline terms: tenant name, rent amount, expiration date. It does not capture the provisions that cost tenants money. CAM cap structures, escalation ceilings, co-tenancy triggers, restoration obligations that run into six figures: these sit buried in the middle of the document, and a 30-field template will not flag them.

This template covers all 126 fields that a complete commercial lease extraction should capture. Each field includes the section of the lease where it typically appears, the most common extraction error for that field, and whether ASC 842 requires it for lease accounting compliance.

How to Use This Template

Work through each category section by section. Fields marked [REQ] are required for any lease extraction regardless of property type. The remaining fields apply based on the lease structure: retail leases need co-tenancy and percentage rent fields, industrial leases need clear height and dock door counts, and office leases need after-hours HVAC and gross-up provisions.

Use this as a quality check against any extraction output, whether you abstract leases by hand or run them through an automated tool. If your extraction is missing fields from a category that applies to your lease type, you have a coverage gap.

For automated extraction, Lextract's lease extraction software maps directly to this 126-field schema with confidence scores on every field.

Parties and Property (10 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Landlord Name [REQ]	First page, recitals section	May differ from the DBA on building signage. Check amendments for entity changes after sale.	No
Tenant Name [REQ]	First page, recitals section	Verify against the guaranty. Parent vs. subsidiary matters for credit analysis.	No
Guarantor Name	Guaranty exhibit or separate guaranty agreement	Some leases reference the guarantor only in the guaranty exhibit, not in the base lease body.	No
Premises Address [REQ]	First page or premises exhibit	Watch for leases that define "Premises" by legal description only, with the street address buried in an exhibit.	No
Suite/Unit Number	Premises section or Exhibit A floor plan	Multi-floor tenants may have different suite numbers per floor. Extract all of them.	No
Rentable Area (RSF) [REQ]	Premises section, often in a defined terms table	Amendments may restate RSF after remeasurement. Always use the most recent figure.	No
Usable Area (USF)	Premises section or space measurement exhibit	Not all leases include USF. If missing, you cannot independently verify the load factor.	No
Building Total RSF [REQ]	Premises section or operating expense definitions	Needed to calculate pro rata share. Landlords sometimes use different RSF figures in different sections.	No
Load Factor	Premises section, calculated from RSF and USF	Verify by dividing RSF by USF. Discrepancies between stated and calculated load factors indicate a measurement issue.	No
Property Type [REQ]	Inferred from lease structure and permitted use clause	Not always stated explicitly. Determine from the permitted use, building description, and lease structure (NNN vs. gross).	No

Key Dates and Term (7 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Execution Date [REQ]	Signature page	May differ from the commencement date by months or years. Some leases are executed before the building is constructed.	No
Commencement Date [REQ]	Term section or commencement date agreement exhibit	Often contingent on landlord delivery of premises. The actual date may differ from the projected date in the lease.	Yes
Rent Commencement [REQ]	Rent section or free rent provision	Frequently differs from the commencement date due to free rent periods or TI construction timelines.	Yes
Expiration Date [REQ]	Term section	Some leases state a fixed date; others define the term as "60 months from commencement." If commencement shifts, expiration shifts too.	Yes
Lease Term (Months) [REQ]	Term section	Verify by counting months between commencement and expiration. Off-by-one errors are common when the lease states "five years" but the dates span 61 months.	Yes
Possession Date	Delivery or possession section	May precede commencement date. Early access for TI construction is common but does not always trigger rent.	No
Free Rent Period	Rent section or separate free rent provision	Some leases grant free base rent but still require CAM and tax payments during the free period. Extract the scope of the abatement.	Yes

Rent and Escalations (13 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Annual Base Rent [REQ]	Rent section, often in a schedule or table	Multi-year leases have different amounts per year. Extract the full escalation schedule, not only Year 1.	Yes
Payment Frequency [REQ]	Rent section	Almost always monthly, but some ground leases and international leases use quarterly or annual payments.	Yes
Escalation Type [REQ]	Rent section or escalation provision	Fixed, CPI, or fair market value. Some leases combine types (fixed for years 1-5, CPI for years 6-10).	Yes
Fixed Escalation %	Rent escalation schedule	May be stated as a dollar amount rather than a percentage. Convert to percentage for comparison.	Yes
CPI Index Used	CPI escalation provision	Leases specify different CPI indices (All Urban Consumers, Urban Wage Earners, regional vs. national). The index choice affects the escalation amount.	No
Percentage Rent Rate	Percentage rent section (retail leases)	Applies to retail leases. The rate typically ranges from 4% to 8% of gross sales above the breakpoint.	No
Breakpoint Amount	Percentage rent section	Natural breakpoint (annual base rent divided by percentage rent rate) vs. artificial breakpoint (a fixed dollar amount). These produce different results.	No
Sales Exclusions	Percentage rent section	Catalog/internet sales, returns, employee discounts, and gift card sales are commonly excluded. Missing exclusions inflate percentage rent.	No
Base Rent per RSF	Rent section or calculated from annual rent and RSF	Verify by dividing annual base rent by RSF. Discrepancies indicate an error in the rent amount or the square footage.	No
Monthly Base Rent	Rent section	Annual rent divided by 12. Some leases state only the monthly figure, requiring you to calculate the annual amount.	Yes
CPI Escalation Floor	CPI escalation provision	A minimum annual increase regardless of CPI movement. Missing this field understates future rent obligations.	Yes
CPI Escalation Ceiling	CPI escalation provision	A maximum annual increase. Without a ceiling, tenant exposure to inflation is uncapped.	Yes
Expense Stop Amount	Rent section or operating expense provision	Found in full-service gross leases. The landlord pays operating expenses up to this amount; the tenant pays the excess.	No

CAM and Operating Expenses (15 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Lease Structure [REQ]	Rent section and operating expense provisions	NNN, modified gross, full service gross, or absolute net. The label in the lease does not always match the actual structure. Read the expense provisions.	No
Pro Rata Share [REQ]	Operating expense section or defined terms	Verify by dividing tenant RSF by building total RSF. Landlord-stated percentages sometimes use a different denominator.	No
Base Year	Operating expense section (gross leases)	The calendar year used to establish the expense baseline. A base year with abnormally low expenses inflates future pass-throughs.	No
CAM Cap %	Operating expense or CAM provision	Not all leases have CAM caps. When present, the cap may apply to controllable expenses only, excluding taxes and insurance.	No
CAM Cap Type	Operating expense or CAM provision	Cumulative caps compound over the lease term. Non-cumulative (annual) caps reset each year. The difference in tenant exposure over a 10-year lease is significant.	No
Gross-Up %	Operating expense section	Allows the landlord to adjust expenses to reflect a fully occupied building. Without a gross-up cap, the landlord can inflate variable expenses.	No
Management Fee Cap	Operating expense section or management fee provision	Typically 3% to 5% of collected rents. If uncapped, this line item can grow without limit.	No
CAM Exclusions [REQ]	Operating expense definitions, often a long list	The most negotiated provision in operating expense sections. Common exclusions: capital expenditures, leasing commissions, landlord's income taxes, and above-standard tenant costs.	No
Audit Rights [REQ]	Operating expense section or audit provision	Deadline to exercise audit rights (commonly 12 months after statement). If the lease is silent on audit rights, the tenant may have none.	No
Reconciliation Frequency	Operating expense section	Almost always annual, but confirm. Some leases allow semi-annual reconciliation.	No
CAM Audit Deadline (Days)	Audit rights provision	The window to request an audit after receiving the reconciliation statement. Missing the deadline waives the right.	No
CAM Cap Type (Cumulative vs Annual)	Operating expense or CAM provision	Cumulative caps allow unused cap room to carry forward. Annual caps reset. Tenants strongly prefer cumulative caps.	No
Controllable vs Non-Controllable Expenses	Operating expense definitions	Some leases cap controllable expenses but leave taxes and insurance uncapped. Extract the classification of each expense category.	No
Base Year Gross-Up	Operating expense section (gross leases)	Whether the base year expenses are grossed up to reflect full occupancy. Without this, the base year baseline is artificially low.	No
CAM Estimate Method	Operating expense or budget provision	How the landlord calculates monthly CAM estimates. Some use prior year actuals; others use a budget with a percentage increase.	No

Options (12 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Has Renewal Option [REQ]	Options section or renewal provision	May be buried in a miscellaneous provisions section rather than a dedicated options section.	Yes
Renewal Terms	Renewal provision	Fair market value, fixed rate, or CPI-adjusted. "Fair market value" renewals often include a floor (no less than current rent).	Yes
Renewal Notice (Days)	Renewal provision	Typically 6 to 12 months before expiration. Missing the notice deadline kills the option.	No
Has Termination Option [REQ]	Options section or termination provision	Early termination options often require a penalty payment and 6 to 12 months advance notice.	Yes
Termination Penalty	Termination provision	Usually unamortized TI, leasing commissions, free rent, plus several months of rent. Can exceed $100,000 on larger spaces.	Yes
Right of First Refusal	ROFR provision	Gives the tenant the right to match any third-party offer on adjacent space. More restrictive than a right of first offer.	No
Right of First Offer	ROFO provision	Landlord must offer available space to the tenant before marketing it. Less restrictive than ROFR.	No
Has Expansion Option	Expansion provision	Specifies the space, the timeframe, and the rent for the expansion. Often tied to a specific suite or floor.	No
Expansion Option Terms	Expansion provision	Rent for expansion space may be at the then-current rate, at fair market value, or at the same rate as the original premises.	No
Has Contraction Option	Contraction or reduction provision	Rare but valuable. Allows the tenant to give back a portion of the space, usually with a penalty.	No
Auto-Renewal	Term section or renewal provision	Lease automatically renews for successive periods unless the tenant gives notice. Missing the opt-out deadline traps the tenant.	Yes
Auto-Renewal Terms	Term section or renewal provision	The rent and term for auto-renewal periods. Often month-to-month at a higher rate.	Yes

Tenant Improvements and Construction (6 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
TI Allowance	Work letter exhibit or tenant improvement provision	Stated as a total dollar amount or per RSF. Some landlords amortize TI into rent rather than providing a cash allowance.	Yes
TIA per RSF	Work letter exhibit	Divide total TI allowance by RSF to compare across leases. Market TI allowances vary widely by property type and market.	No
Landlord's Work	Work letter exhibit	What the landlord builds before tenant takes possession. Ranges from "warm shell" to full build-out. Ambiguous descriptions create disputes.	No
Tenant's Work	Work letter exhibit	What the tenant builds at its own cost, above the TI allowance. Must comply with landlord's construction standards.	No
Restoration Obligation [REQ]	Surrender or restoration provision	Whether the tenant must remove improvements and restore the premises to original condition at lease end. Restoration costs can exceed $20 per RSF.	No
HVAC Responsibility [REQ]	Maintenance or HVAC provision	Who maintains, repairs, and replaces the HVAC system. In NNN leases, this often falls entirely on the tenant. Replacement costs for a rooftop unit can exceed $50,000.	No

Insurance and Indemnity (6 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
CGL Occurrence Limit [REQ]	Insurance provision	Typically $1 million per occurrence. Some landlords require $2 million, which may require an umbrella policy.	No
CGL Aggregate Limit [REQ]	Insurance provision	Typically $2 million aggregate. Verify that your existing policy meets or exceeds the lease requirement.	No
Property Insurer [REQ]	Insurance provision	Whether the landlord or tenant insures the building and tenant improvements. In NNN leases, the tenant may carry property insurance.	No
Waiver of Subrogation [REQ]	Insurance or indemnity provision	Both parties waive their insurer's right to subrogate against the other. Missing this creates litigation risk after a casualty.	No
Additional Insured [REQ]	Insurance provision	The landlord (and often the landlord's lender and property manager) must be named as additional insureds on the tenant's policy.	No
Indemnification Scope [REQ]	Indemnity provision	Mutual vs. one-sided. One-sided indemnification in the landlord's favor is common but negotiable. Check whether it covers the landlord's own negligence.	No

Assignment and Subletting (6 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Consent Required [REQ]	Assignment and subletting section	Almost always yes. The question is whether consent is in the landlord's sole discretion or cannot be unreasonably withheld.	No
Consent Standard [REQ]	Assignment and subletting section	"Not to be unreasonably withheld" vs. "in landlord's sole discretion." The standard determines the tenant's practical ability to assign or sublet.	No
Profit Sharing %	Assignment and subletting section	The landlord's share of any sublease profit (excess of sublease rent over base rent). Ranges from 0% to 50%.	No
Recapture Right [REQ]	Assignment and subletting section	Allows the landlord to terminate the lease and take back the space instead of consenting to the sublease. This can kill a sublease deal.	No
Permitted Transferees	Assignment and subletting section	Affiliates, subsidiaries, and successors by merger that can take the lease without landlord consent. The definition of "affiliate" matters.	No
Continuing Liability [REQ]	Assignment and subletting section	Whether the original tenant remains liable after assignment. Most leases require continuing liability through the original term.	No

Default and Remedies (6 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Monetary Cure Period [REQ]	Default section	Days to cure a payment default after notice. Typically 5 to 10 days. Some leases provide no cure period for monetary defaults.	No
Non-Monetary Cure [REQ]	Default section	Days to cure a non-monetary default. Typically 30 days, with extensions for defaults that cannot reasonably be cured in 30 days.	No
Acceleration Clause [REQ]	Remedies section	Allows the landlord to demand all remaining rent for the lease term upon default. The present value discount rate matters.	No
Liquidated Damages	Remedies section	A pre-agreed damage formula. If absent, the landlord pursues actual damages, which can be higher or lower.	No
Late Fee % [REQ]	Rent or default section	Typically 3% to 5% of the overdue amount. Some jurisdictions cap late fees. Fees above 10% may be unenforceable as penalties.	No
Holdover Rate [REQ]	Holdover provision	The rent multiplier if the tenant stays past expiration. Typically 150% to 200% of the last month's rent. Above 200% is a red flag.	No

Exclusivity and Co-tenancy (6 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Exclusive Use	Exclusive use provision (retail leases)	Defines the tenant's exclusive right to operate a specific business type in the shopping center. Narrow definitions leave loopholes.	No
Radius Restriction	Radius restriction provision (retail leases)	Prohibits the tenant from opening a competing location within a defined radius. Affects percentage rent calculations.	No
Opening Co-tenancy	Co-tenancy provision (retail leases)	Requires specific anchor tenants or a minimum occupancy percentage before the tenant must open. If not met, the tenant may pay reduced rent or terminate.	No
Ongoing Co-tenancy	Co-tenancy provision (retail leases)	Requires continued anchor presence or occupancy levels during the lease term. Anchor departure triggers remedies.	No
Co-tenancy Remedy	Co-tenancy provision	What happens when co-tenancy conditions fail: reduced rent, percentage-only rent, or termination right. Extract the specific remedy and timeline.	No
Alternative Rent	Co-tenancy provision	The reduced rent amount the tenant pays during a co-tenancy failure period. Often a percentage of base rent or percentage rent only.	No

Parking and Common Areas (5 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Parking Ratio	Parking section or premises exhibit	Expressed as spaces per 1,000 RSF. Office typically requires 3 to 4 per 1,000 RSF; retail varies widely.	No
Unreserved Spaces	Parking section	Available on a first-come, first-served basis. Verify the total count matches the ratio times the RSF.	No
Reserved Spaces	Parking section	Specific numbered spaces or a designated area. Reserved spaces cost more and are often in a separate license agreement.	No
Monthly Parking Cost	Parking section or separate parking agreement	May be included in base rent or billed separately. Costs escalate over the lease term in some agreements.	No
Trailer Parking	Parking or industrial provisions	Relevant for warehouse and distribution leases. The number of trailer parking spots affects logistics operations.	No

Utilities (6 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Utilities Payment [REQ]	Utilities section	Direct meter (tenant pays utility company), submeter (tenant pays landlord based on metered usage), or included in CAM. Each has different cost implications.	No
Janitorial Services [REQ]	Services or maintenance section	Landlord-provided in office leases, tenant responsibility in industrial. The frequency and scope of service affect operating costs.	No
Clear Height (ft)	Premises section or building specs (industrial)	Floor-to-ceiling clearance in warehouses. Modern distribution requires 32 feet minimum. Older buildings at 24 feet limit racking options.	No
Dock-High Doors	Premises section or building specs (industrial)	Number and dimensions of loading dock doors. Affects throughput capacity for warehouse operations.	No
Drive-In Doors	Premises section or building specs (industrial)	Ground-level doors for truck or forklift access. Separate from dock-high doors.	No
Power Capacity	Premises section or building specs (industrial)	Amps, voltage, and phase. Manufacturing and cold storage tenants need specific electrical configurations. Upgrading power after lease execution is expensive.	No

Signage and Permitted Use (5 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Permitted Use [REQ]	Use clause	Narrow use clauses ("operation of a dental practice") restrict future flexibility. Broader clauses ("general office use") provide more options but may conflict with exclusive use provisions of other tenants.	No
Prohibited Uses	Use clause or rules and regulations exhibit	Often a long list. Some prohibited uses are obvious (hazardous materials); others are restrictive (no food preparation in office spaces).	No
Fascia Signage	Signage provision	Building-mounted signs. Size, location, and illumination restrictions vary by lease and local ordinance.	No
Monument Signage	Signage provision	Freestanding signs near the road. Top position on a monument sign is a negotiation point for anchor tenants.	No
Signage Maintenance	Signage provision	Who pays to maintain, repair, and remove signs. Landlords often require removal and facade restoration at lease end.	No

Miscellaneous (10 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Security Deposit [REQ]	Security deposit section	Amount and any burn-down schedule (reduction over time based on payment history). Large deposits tie up working capital.	No
Deposit Type [REQ]	Security deposit section	Cash, letter of credit, or surety bond. Letters of credit have annual renewal requirements and issuing bank fees.	No
Has Guaranty [REQ]	Guaranty exhibit or separate agreement	Personal guaranty, corporate guaranty, or good-guy guaranty. The type and duration affect the guarantor's exposure.	No
Governing Law [REQ]	Miscellaneous provisions	The state whose law governs the lease. Matters for dispute resolution and statutory protections.	No
SNDA Requirement	Subordination provision	Whether the landlord must deliver a Subordination, Non-Disturbance, and Attornment agreement from its lender. Protects the tenant if the landlord defaults on its mortgage.	No
Estoppel Turnaround	Estoppel provision	Days the tenant has to respond to an estoppel certificate request. Typically 10 to 15 days. Failure to respond may constitute deemed approval.	No
Landlord Notice Address	Notice provision	The address for formal notices. Must be exact; notices sent to the wrong address may be ineffective.	No
Tenant Notice Address	Notice provision	Often the premises address, but some tenants designate a corporate headquarters or legal department address.	No
Hazardous Materials Clause	Environmental provision	Tenant representations about hazardous materials use and indemnification for contamination. Critical for industrial and laboratory spaces.	No
Relocation Right	Relocation provision	Allows the landlord to move the tenant to comparable space in the building. Tenants should resist this clause or negotiate tight conditions.	No

Casualty, Condemnation, and Force Majeure (5 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Casualty Termination Right	Casualty or damage/destruction section	Whether the tenant can terminate if the premises are damaged beyond a threshold (often 30% to 50% of the premises). Some leases give this right only if damage occurs in the last 12 to 24 months of the term.	No
Casualty Rent Abatement	Casualty section	Whether rent abates during the repair period and whether the abatement is proportional to the unusable area.	No
Condemnation Termination Right	Condemnation or eminent domain section	Whether a partial taking triggers a termination right. Threshold is typically a percentage of the premises or a material impairment of the tenant's use.	No
Condemnation Award Allocation	Condemnation section	How the condemnation award splits between landlord and tenant. Tenants usually receive compensation for their leasehold interest, moving costs, and trade fixtures.	No
Force Majeure Clause	Force majeure or excusable delays section	Which obligations force majeure excuses. Most clauses carve out rent payments, meaning the tenant still pays rent during force majeure events.	No

ASC 842 / IFRS 16 Compliance (8 Fields)

Field	Where to Find It	Common Gotchas	ASC 842
Lease Classification	Determined by applying the five classification tests in ASC 842	Not stated in the lease. The extraction system must flag the inputs (term vs. useful life, present value vs. fair value) for the accounting team to classify.	Yes
Discount Rate	Not in the lease; tenant must determine	The incremental borrowing rate the tenant would pay to borrow on a collateralized basis over a similar term. Most tenants use a portfolio approach. Misestimating the rate materially affects the ROU asset and lease liability.	Yes
Has Purchase Option	Purchase option section, if present	Rare in standard commercial leases. Common in equipment leases and some ground leases. If reasonably certain to be exercised, the purchase price is included in the lease liability.	Yes
Purchase Option Price	Purchase option section	The fixed or formula-based price at which the tenant can purchase the property. Bargain purchase options affect lease classification.	Yes
Variable Lease Payments	Rent and expense sections	CPI escalations, percentage rent, and variable CAM charges. Under ASC 842, variable payments based on an index or rate are included in the initial measurement; variable payments based on usage or performance are not.	Yes
Residual Value Guarantee	Guaranty or residual value section	The amount the tenant guarantees the asset will be worth at lease end. Common in equipment leases, rare in real estate. Included in the lease liability measurement.	Yes
Lease Incentives Received	TI allowance and free rent provisions	TI allowances and free rent periods reduce the ROU asset. Missing these fields inflates the asset on the balance sheet.	Yes
Short-Term Lease Election	Determined by lease term analysis	Leases with a term of 12 months or less (including renewal options reasonably certain to be exercised) can elect the short-term exemption. These stay off the balance sheet.	Yes

The 20 Fields You Cannot Skip

Regardless of lease type, property type, or extraction method, these 20 fields form the minimum viable extraction. Skip any of them and you risk missing a material financial obligation or a deadline that cannot be recovered.

Identity and space: Landlord Name, Tenant Name, Premises Address, Rentable Area (RSF), Building Total RSF. These five fields anchor every calculation in the lease, from pro rata share to rent per square foot.

Timeline: Commencement Date, Rent Commencement, Expiration Date, Lease Term. Four fields that drive every critical date in your portfolio management system. Get the commencement date wrong and every downstream date shifts.

Money: Annual Base Rent, Escalation Type, Lease Structure, Pro Rata Share, CAM Exclusions. These five fields determine the tenant's total occupancy cost over the lease term. The difference between a NNN lease with a 5% CAM cap and one without a cap can exceed $100,000 over 10 years.

Risk: Audit Rights, Restoration Obligation, Holdover Rate, Consent Standard, Acceleration Clause, Monetary Cure Period. These six fields define what happens when something goes wrong: a disputed CAM statement, a lease expiration, a needed assignment, or a payment default. Missing any of them leaves you blind to a material risk.

Automate the Full 126-Field Extraction

Working through 126 fields by hand takes 2 to 4 hours per lease. Multiply that by a portfolio of 50 or 500 leases and the cost adds up fast.

Lextract's lease extraction software extracts all 126 fields automatically from any commercial lease PDF at $10 per lease. Every field includes a confidence score so you know which extractions to trust and which to verify. Twenty automated red flag checks identify risky provisions before they become expensive surprises. Upload your first lease and compare the output against this template.