Make smarter renewal decisions with Lextract. Extract renewal terms, holdover rates, and escalation schedules in minutes. Compare stay-vs-move costs with structured data.
Lease renewals present a critical decision point, but evaluating whether to renew, renegotiate, or relocate requires a thorough understanding of current lease terms, market conditions, and the specific renewal provisions in the existing agreement. Manually extracting renewal terms, current rent, escalation history, and holdover penalties from the existing lease takes hours. Without this data organized and readily accessible, tenants and their representatives enter negotiations without the leverage that comes from knowing exactly what the lease says.
Lextract extracts all renewal-relevant provisions from the existing lease within minutes — renewal option terms, notice deadlines, current rent and escalation structure, holdover rates, and termination penalties. This structured data enables a clear comparison between staying and moving costs. Red flag detection highlights unfavorable terms like aggressive holdover rates or missing renewal options that should factor into the decision. The export provides a clean basis for negotiation preparation.
Manual Process
4-6 hours per lease
With Lextract
5–15 minutes
Time Saved
94–97% time reduction
Upload Current Lease
Upload the existing lease document including any amendments that modify renewal terms, rent, or other key provisions.
Review Renewal Provisions
Examine extracted renewal option terms, notice periods, rent reset mechanisms, and any conditions or limitations on the renewal right.
Assess Current Economics
Review current base rent, escalation schedule, operating expense structure, and TI allowance to understand the full cost of the existing occupancy.
Identify Negotiation Leverage
Use red flag analysis to identify unfavorable terms in the current lease that should be renegotiated as part of any renewal.
Export for Comparison
Download structured data to compare against market proposals and build a stay-vs-move financial analysis.
Yes. Lextract extracts renewal option details including the number of renewal periods, the length of each period, rent reset mechanisms (fair market value, fixed increase, CPI-linked), and any conditions or limitations on exercising the renewal right.
By extracting current rent, escalation schedule, TI amortization, holdover rate, and termination penalties, Lextract provides the data needed to calculate the true cost of staying vs. relocating. This enables a data-driven comparison against market proposals.
You can upload the original lease and each amendment separately, then compare extracted fields to see exactly how terms have changed over time. This is particularly useful for understanding which renewal terms are from the original lease vs. subsequent amendments.
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