The Problem
Estoppel certificates must accurately state the current terms of a lease - rent, expiration date, security deposit, outstanding landlord obligations, and any defaults. Preparing estoppels requires re-reading the entire lease plus all amendments to extract these specific data points. When a property is being sold or refinanced, dozens of estoppels may be needed simultaneously under tight deadlines. Errors in estoppel certificates can create binding legal obligations if the receiving party relies on inaccurate information.
How Lextract Helps
Lextract extracts all estoppel-relevant fields from the lease and amendments in minutes - base rent, commencement and expiration dates, security deposit amounts, TI allowance details, renewal options, and outstanding obligations. This structured data can be used to populate estoppel certificate templates quickly and accurately. Instead of re-reading each lease to fill out the certificate, administrators simply transfer verified extracted data into the estoppel form.
Start your estoppel preparation with Lextract
Upload your lease PDF and get 126 structured fields extracted in minutes. Perfect for estoppel preparation. Just $15 per lease.
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