Lease Lens
Lease Lens is a cutting-edge AI solution that precisely captures and processes lease information with great speed.
What is Lease Lens?
Lease Lens is a software powered by Artificial Intelligence that helps users quickly and accurately pull out important lease information. It utilizes machine learning technology to pull out information from real estate or commercial lease documents, which saves both time and money.
How to use Lease Lens?
1. Share your lease agreement document. 2. Allow the AI to automatically identify and collect key lease information. 3. Review and transfer the extracted data to Excel or Word for further use.
Features
- Intelligent Lease Analysis
Use Cases
- Real estate lease abstraction involves extracting key data points from lease agreements using AI technology, allowing for faster and more accurate analysis.
- Business Lease Summary
Frequently Asked Questions
Lease Lens is a software that uses Artificial Intelligence to help users quickly and accurately get important information from lease documents. It uses a type of computer technology called machine learning to get information from real estate or business lease papers, which saves time and money.
1. Share your lease agreement document.
2. Allow the AI to automatically identify and pull out key lease information.
3. Review and transfer the extracted data to Excel or Word.
LeaseLens serves as a useful tool for property managers to extract key information from real estate leases, and it also benefits businesses that lease equipment by providing commercial lease abstraction services.
Right now, LeaseLens allows abstraction of one lease at a time. However, the development of abstracting multiple leases is in progress.
AI-powered Lease Lens tools quickly extract data in just minutes, cutting time and cost compared to extracting data manually. This leads to faster due diligence, easier lease administration, and more streamlined contract management.
LeaseLens is available at no cost, however, transferring the lease summary to Microsoft Excel or Word requires a one-time payment of $25 per summary.
LeaseLens utilizes advanced optical character recognition technology to read and interpret lease documents. Its Artificial Intelligence then thoroughly examines the document and retrieves essential lease information using a sophisticated machine learning algorithm refined over a period of 12 years.
LeaseLens is capable of automatically recognizing more than 200 standard industry fields. These fields include title, critical dates, renewal options, and square footage of premises, among others. Users also have the option to customize the abstract. This allows them to include specific provisions they wish to search for in their leases.
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