Abstracts by Detail

LeaseProbe offers four levels of detail in our abstracting services, allowing our clients to determine the degree of scrutiny most appropriate to their needs and budget.
   
   

Standard Scope

Our Standard Scope Abstract is designed to provide a snapshot of the most commonly referenced lease provisions. This Standard Scope Abstract compiles the following lease provisions but does not include the provisions that are grayed out. Please note that any additional information can be added, per your request.

Basic Information

  • Landlord
  • Tenant
  • Sublease
  • Property Address
  • Floor#
  • Suite#
  • Rentable Square Feet
  • Pro Rata Share
  • Business Hours*

Term

  • Lease Commencement Date
  • Rent Commencement Date
  • Lease Expiration Date
  • Term
  • Holdover

Rent

  • Base Rent
  • Renewal Rent
  • Other Rent (storage/parking)
  • Rent Abatement
  • Security Deposit
  • Late Fee
  • Interest

Percentage Rent

  • Gross Sales - Inclusions*
  • Gross Sales - Exclusions*
  • Breakpoints*
  • Sales Reporting*
  • Landlord Audit Rights

Additional Rent

  • CAM/Operating Expenses
  • Real Estate Taxes
  • Base Year/Expense Stop
  • Gross Up
  • Landlord’s Insurance
  • Utilities-Premises
  • Marketing Fund*
  • Tenant Audit Rights
  • After Hours HVAC
  • Landlord Services
  • Repairs/Maintenance

Tenant Options

  • Renewal
  • Expansion
  • Contraction
  • Right of First Refusal
  • Right of Offer
  • Termination
  • Relocation
  • Purchase

Landlord Options

  • Termination
  • Relocation

Use/Restrictions

  • Permitted Use*
  • Prohibited Use
  • Exclusive Use
  • Tenant Radius Restrictions
  • Continuous Operation/Go Dark*
  • Co-Tenancy*
  • Landlord Restrictions*

Legal/Financial

  • Assignment and Subletting
  • Subordination/SNDA
  • Default
  • Estoppel Certificate
  • Landlord Notices
  • Tenant Notices

Miscellaneous

  • Tenant’s Insurance
  • Tenant Improvements
  • Alterations
  • Casualty
  • Condemnation
  • Signage
  • Parking
  • Merchant’s Association*
  • Environmental Provisions

Additional Information

  • Guarantor
  • Brokers
  • Additional Documents
  • Abstractor Notes
  • Missing/Conflicting Info

Recovery Detail

  • Pro Rata Share
  • CAM/Operating
  • Expenses Preamble
  • Gross Up
  • Caps
  • Base Year/Expense Stop
  • Reconciliation Statement
  • Tenant Audit Rights

Common Areas

  • CAM Repairs
  • Landscape Maintenance
  • Snow Removal
  • Structural Repairs
  • Roof Repairs
  • Roof Replacements
  • Parking Lot Maintenance
  • Parking Lot Replacements
  • Janitorial
  • Security
  • ADA Upgrades
  • Real Estate Taxes

Insurance

  • Liability
  • Umbrella
  • Property
  • Earthquake
  • Flood
  • Workers Comp.
  • Employer’s Liability
  • Business Insurance
  • Other

Utilities

  • Electric
  • Gas
  • Water
  • Major Replacements/Capital Improvements
  • Management Fee
  • Admin Fee
  • Employee Wages
  • Marketing Fund
  • Reserves
  • Amortization on Expenses

Premises

  • HVAC
  • After Hours Utilities/HVAC
  • Janitorial
  • Interior Maintenance
  • Exterior Maintenance
  • ADA Upgrades
  • Electric
  • Gas
  • Water
  • Admin Fee
  • Landlord Services