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A lease abstract is a critical document for commercial real estate professionals. Our lease abstract template provides a comprehensive and user-friendly solution for summarizing key terms and provisions in a commercial lease agreement.
Instantly Download Lease Abstract Template, Sample & Example in PDF, Microsoft Word (DOC), Apple Pages Format. Available in A4 & US Sizes. Quickly Customize. Easily Editable & Printable.
Today I will be sharing a template for a common legal tool for quickly and efficiently evaluating commercial leases: the Commercial Lease Abstract / Summary. This template applies to triple net office, triple net retail leases, and any type of commercial real estate lease.
run concurrent with existing lease. Improvements to be amortized over balance of lease terms. Extension Option: Tenant shall have a right to extend the lease with notice to Landlord (Exhibit F) between 3/08 - 9/08. Lease terms to be at 90% of market with improvements and brokerage fees amortized. Miscellaneous A) Default/Landlord Remedies (Page 15)
Learn the pillars of commercial lease abstraction for efficient and error-free lease management. Download our lease abstract template - PDF.
Lease abstracts summarize key lease terms and deadlines from the lease. Tenants commonly prepare them after lease signing and use them for quick reference purposes. Check out this commercial lease abstract template that can be used to prepare a concise summary of the important lease terms.
A lease abstract summarizes key points in a commercial lease, including financial, business and legal information pertinent to tenants, landlords and investors. Abstracts can be completed for other types of documents, too.