Services

Lease Abstracting

Our lease abstractors are carefully and professionally chosen and trained.

Before our abstractors are allowed assignments, they must successfully complete our own, industry exclusive, 20 component “Lease Abstracting Competency” video course after which their work is judged by a lawyer, a senior lease analyst and a lease manager.

Every lease abstract includes:

  • Accurate abstracting of all documents in the original file (leases/subleases, addenda, exhibits, riders, amendments, correspondence, year end statements, post-it-notes, etc.)
  • Data captured to a base set of 150+ fields
  • Compilation audits of rents/CAM/OE/RET/TI for baselining lease management
  • Complete e-tagging (bookmarking) of lease documents
  • Organization into state/city sorted libraries in pdf formats
  • Initial document file evaluations for completeness of documentary record
  • Portfolio Lease Administration Reports on Abstract Summaries of Lease Details, Rents, Parties, Options, Clauses, Insurance , Critical Dates, Payables, FASB/SarbOx issues. Reports produced in Excel and .pdf formats and delivered on WWW and USB memory device

PRICE: Only $150/Abstract of LEASE or SUBLEASE !

                     Only $75/Abstract of Amendments/other documents over 10 pages!

                     Only $25/Abstract of Amendments/other documents 10 pages or less!

*caveat—Provided all documents are delivered in English, in readable, scanned, pdf formats, delivered in the proper file, at the same time

Lease Management

In addition to lease abstracting and scanning, DocuMint offers both modular and comprehensive lease administration services to allow our clients the flexibility to secure the services most appropriate to their lease management goals. When it comes to leases, we speak your language.

  • Integration of real estate data with financial modeling
  • Reliable document and data marshalling, lease abstracting, organizing, reporting and auditing
  • Evaluation of technological and analytical solutions to achieve strategic lease portfolio management objectives
  • Expertise in re-aligning disparate real estate data resulting from mergers and acquisitions or other transforming events.
  • Centralizing portfolio data from diverse legacy databases
  • Defining and implementing uniform standards, procedures, benchmarking and reporting practices
  • Expense recovery audits and compilations
  • Consulting in all areas of lease management processes and technology

PRICE: Only $100/Location/Record/Month Full Service!

*caveat—Services are modular and you may elect less than full service which includes:

  • Distinct reporting of TI, TI Allowance details, Insurance and other portfolio strategic provisions
  • Establishment and maintenance of document supported payables and other liability reporting
  • Quarterly and Annual Reconciliations of OE, RET and CAM
  • Monitor, validate and confirm appropriate notices on all critical dates and changes in financial obligations in accordance to the schedules established by you
  • Develop and Maintain FASB/GAAP components from each file in support of capital vs. operating lease determinations and accounting, including straight lining and PV calculations
  • Coordinate  lease management application for custom reporting and database enhancement in support of your defined portfolio requirements and objectives
  • Provide ad hoc reports and analysis, with the lease management application, in support of distinct projects, cases and contracts
  • Monitor and assure the accuracy, reliability and availability of the lease administration information required or requested