AnalysisMicrosoft Excel

LOI to Lease Comparison

By Angel Campa, Founder · Updated March 2026 · Saves 2–3 hours per lease review

The Problem

After a lease is executed, attorneys and tenant reps need to verify that the final lease terms match the agreed LOI — any deviations in rent, term, tenant improvements, or option rights need to be identified and reviewed before the tenant takes occupancy.

Step-by-Step Workflow

  1. 1
    Obtain signed LOI and executed leaseSource

    Collect the signed Letter of Intent and the fully executed lease PDF.

  2. 2
    Upload executed lease to LextractLextract

    Upload the executed lease PDF to Lextract for full 126-field extraction.

  3. 3
    Extract all business termsLextract

    Lextract extracts base rent, term, free rent, tenant improvement allowance, options, permitted use, and parking terms — the key business points typically covered in an LOI.

  4. 4
    Build LOI-to-lease comparison matrix in ExcelDestination

    Create a side-by-side Excel comparison of the LOI terms against the extracted lease terms. Highlight any field where the executed lease deviates from the LOI.

  5. 5
    Review deviations with clientDestination

    Present the deviation summary to the client or transaction team. Determine whether any deviations are material and require renegotiation or amendment.

Who Uses This Workflow

Real Estate AttorneysTenant Representatives

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

Does Lextract extract tenant improvement allowances?

Yes. Lextract extracts tenant improvement allowance amount, disbursement conditions, deadline for completion, and landlord work scope — all terms that are frequently modified between LOI and execution.

Can Lextract compare two versions of a lease?

Process both documents separately in Lextract and download each as an Excel export. Then build the side-by-side comparison in Excel to identify any field-level differences.

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Start the LOI to Lease Comparison 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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