ComplianceMicrosoft Excel

Annual Re-Abstraction

By Angel Campa, Founder · Updated March 2026 · Saves 2–4 hours per lease for verification

The Problem

As leases are amended and lease administration systems change, the lease database can drift from the executed documents. Annual re-abstraction verifies that system data matches current lease terms — catching discrepancies before they affect billing, compliance reporting, or financial statements.

Step-by-Step Workflow

  1. 1
    Pull current lease data from PMSSource

    Export current lease terms from your property management system or existing lease database for each active tenant.

  2. 2
    Upload all current executed leases to LextractLextract

    Upload each executed lease (including all amendments) to Lextract for fresh extraction.

  3. 3
    Extract all 125+ fieldsLextract

    Run complete extraction on each lease. The re-abstraction captures any amendments that may have been processed since the last abstraction cycle.

  4. 4
    Compare extracted data against system recordsDestination

    Build a comparison between the Lextract-extracted values and your current system records. Flag every field where the values differ.

  5. 5
    Update system records and document changesDestination

    Correct any discrepancies in the PMS or lease database. Document the changes and their source in the lease file.

Who Uses This Workflow

Lease AdministratorsProperty Managers

How Lextract integrates with Microsoft Excel

Learn about the full integration between Lextract and Microsoft Excel, including supported export formats and critical fields.

View Microsoft Excel integration →

Frequently Asked Questions

How often should lease data be re-abstracted?

Annual re-abstraction is standard best practice. Leases with frequent amendments or complex CAM structures benefit from re-abstraction after each amendment is executed.

Does Lextract track changes between abstraction runs?

Lextract does not automatically compare against previous runs, but you can download both extractions as Excel files and use Excel's comparison tools to identify changed fields.

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Start the Annual Re-Abstraction workflow

Upload your lease PDF and get 125+ structured fields ready to import into Microsoft Excel. Just $20 per lease — no subscription required.

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