Your leases have a lot to say. Their pages tell a story about all the opportunities, obligations, and risks associated with your space. Unfortunately, getting to the bottom of that story is no easy task. Commercial real estate leases are lengthy, dense and complex. There’s so much involved with leases that it can make your head spin.
Though lease abstracting is no walk in the park, it’s totally worth it in the end. It’s the only way to ensure that you’re organized and tracking accurate data. It’s one of the most important parts of lease management, but it’s just one piece of the puzzle. With the help of lease management software, the data you abstract from your leases can come alive and help you stay on top of key dates, obligations, and opportunities.
Let’s take a closer look at how Quarem’s lease data abstraction and lease management software work together towards effective lease management.