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 Reduces total abstraction time by 85% vs. manual
Many portfolios operate with paper or scanned leases that have never been digitized into structured data. Building an accurate lease database from scratch requires abstracting every document — a project that takes months manually and is cost-prohibitive with traditional abstraction services.
Scan paper leases to PDF using a multifunction printer or a document scanning service. Ensure resolution is at least 300 DPI for accurate OCR.
Upload all scanned lease PDFs. Lextract's AI reads scanned documents natively as images, including handwritten amendments.
Lextract processes each document and generates a complete structured abstract with confidence scores for every field.
Work through flagged fields for each lease, cross-referencing the original scanned document to confirm values.
Export all abstracts into a consolidated Excel database. This becomes the portfolio's master lease record — the single source of truth for all lease terms.
Learn about the full integration between Lextract and Microsoft Excel, including supported export formats and critical fields.
View Microsoft Excel integration →Lextract's AI reads most standard scans natively. Very poor quality scans (below 200 DPI, heavy bleed-through, or significant distortion) may produce lower confidence scores on affected fields.
At $15 per lease, digitizing a 100-lease portfolio costs $1,500 with Lextract. Traditional lease abstraction services typically charge $150–$400 per lease for the same scope.
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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Start Free Trial at capveri.com →Upload your lease PDF and get 126 structured fields ready to import into Microsoft Excel. Just $15 per lease — no subscription required.
Start Extracting — $15/lease