Commercial Lease Abstracts

Verifiable by you
$375.00 per lease · back in 5 business days from the order email

GRADED AGAINST FASB ASC Topic 842

The abstract in your template as XLSX and PDF, with a rent schedule recomputed from the escalation clause and a cite on every field.

What decides whether it is correct

  • Check Every field carries a page and section cite to the operative document
  • Check The recomputed rent schedule ties to the escalation clause as written
  • Check Amendments are applied in order and the superseding language is cited
  • Check The facts for each ASC 842-10-25-2 classification criterion are captured with a cite, so your controller can make the classification call
  • Check Any term the documents leave ambiguous is flagged rather than resolved

What this refuses

Not included
  • No The lease classification conclusion and every other accounting judgement, which your controller makes
  • No Legal interpretation and any opinion on enforceability
  • No Journal entries, right-of-use asset and liability schedules, and disclosure drafting
  • No Acquisition diligence rent roll reconciliation
  • No Negotiation, drafting, and amendment of any lease

What you send

  • The executed lease, every amendment, and any side letters or estoppels
  • Your abstract template, or a note to use the standard field set
  • The rent commencement convention your system uses
  • The fields your team treats as critical dates

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