Free AI lease abstraction tool

Lease abstraction turns a lease into a short, structured record of its key terms. This free tool uses AI to read one commercial lease and export a lease abstract to Excel (XLSX). Treat it as a first draft: check each value against the signed lease and any amendments before you use it.

One row with these columns: file name, pages, contract title, the two parties, status, start date, end date, whether it auto-renews, renewal notice, governing law, liability cap, payment terms, annual value and currency, services or scope, summary and notes, and risks. Every lease uses the same columns.

Not as separate columns. Payment terms, annual value, dates, and renewal notice have their own cells. Rent escalations, break options, service charges, deposits, and other lease terms can appear in the summary and notes text when the AI finds them. Always check these terms in the lease itself.

An empty cell means the AI did not find that term in the lease. It does not prove that the lease has no such term. If processing fails, the page shows an error instead of a file, and you can try again.

No. A person must verify every value against the signed lease and later amendments before it goes into an underwriting model. To have AI explain the issues in one lease instead, use the free commercial lease review tool.

Your document is transmitted over TLS encryption, processed by AI providers under terms that exclude training on your data, and deleted from our servers within 24 hours.

Abstraction is the snapshot job: one lease in, structured abstract out. Ongoing lease management and lease administration (portfolio tracking, owners, renewals, and reminders) live on the lease management solution and commercial real estate industry pages. Use this free tool for the abstract, then track the portfolio in Contracko.