What Is a Commercial Lease? Key Terms, Types, and What to Watch For
A commercial lease is a legally binding contract between a landlord and a business tenant. Learn the key terms, lease types, and critical clauses before you sign.
By Angel Campa, Founder · Updated March 2026 · Saves 2–4 hours per lease
Entering lease data into MRI Software from PDFs requires manually locating and keying every field — rent amounts, escalation schedules, CAM provisions, and critical dates — across a document that may span dozens of pages and multiple exhibits. This process is slow, error-prone, and must be repeated for every new lease or amendment.
Upload the executed lease PDF including all riders and exhibits. Lextract handles multi-section documents and attribute extraction from exhibits.
Lextract extracts the tenant record, premises, lease dates, rent schedule, operating expense structure, security deposit, options, and critical dates — mapped to MRI field names.
Each extracted field shows the source page and confidence score. Review any flagged fields against the original document before exporting.
Download the extraction as a CSV with MRI Software field names. The export includes separate sections for tenant data, lease terms, and charge schedules.
Use MRI's data import tools to load the CSV. Verify the tenant record, active charges, and critical date reminders after import.
Learn about the full integration between Lextract and MRI Software, including supported export formats and critical fields.
View MRI Software integration →Yes. The export is designed for MRI Commercial Management and covers the lease, tenant, unit, and charge schedule records used in that module.
Lextract extracts percentage rent breakpoints and rates as separate fields. These map to MRI's percentage rent charge type and can be configured as variable charges after import.
A commercial lease is a legally binding contract between a landlord and a business tenant. Learn the key terms, lease types, and critical clauses before you sign.
AI lease abstraction extracts 100+ structured fields from commercial lease PDFs in minutes. Learn how the technology works, what accuracy to expect, and how cost compares to manual services.
The top lease abstraction companies in 2026, compared by service model, turnaround time, cost per lease, and best use case. Includes AI software vs. outsourced service comparison.
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capveri.com automates reconciliation from your Yardi, MRI, or AppFolio exports — no new integrations needed.
Start Free Trial at capveri.com →Upload your lease PDF and get 126 structured fields ready to import into MRI Software. Just $15 per lease — no subscription required.
Start Extracting — $15/lease