Lease 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.

Comprehensive Scope

Our Comprehensive Scope Abstract is designed to provide a complete summary of all of the salient lease provisions. The entire lease is at your fingertips. This Comprehensive Scope Abstract compiles the following key lease provisions but additional information can be added based on the client’s specific needs.

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