SKJ Juris provides lease abstraction services to meet the needs of both our smallest and largest clients while keeping costs manageable. In order to leverage our position as a lease abstraction provider, we ensure our clients receive the best possible pricing and service from us. Our experience in handling the entire lease portfolio for our clients results in mitigating their risks and in reducing their costs though proactive abstraction at quick turnaround time.
At the outset, we arrange the lease documents including main lease, amendments, assignments, renewals, and so on so that we can manage it in the best possible way. Under lease abstraction, we, besides abstracting the financial and legal clauses and critical dates, also raise red flags related to critical information such as colorable documents equivalent to lease, missing documents that is, amendment to lease or renewal letters, assignment of lease to a sub-tenant.
We abstract the relevant provisions of a lease in a clear and concise language. The abstracted leases are thoroughly reviewed by our 1st and 2nd level reviewers. Once reviewed, we deliver the final work product in the format requested by the client.
Lease abstracting involves some level of interpretation that needs human intervention and cannot be automated entirely by machine abstracting tools, accordingly, we use our best attorneys to carry out lease abstraction. We use applications including Visual Lease, Spacebase and so on.