Lease Abstraction

Topics:
Leasing,
Property Analysis,
Strategic Leasing
Tags:
Abstraction,
O'Connor & Associates,
Tenant
Source:
O'Connor & Associates

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Overview: Lease abstraction provides summarized information regarding existing leases for a property. It summarizes information such as lease start date, lease termination date, renewal options, rental rate, escalation clauses, space included, parking rights, first right of refusal, signage options and other special provisions. Lease abstraction is an essential component of due diligence for a multi-tenant commercial property. Lease terms often vary from tenant to tenant.

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Format: HTML | Date: Dec 2007 | Pages: 2

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