Skill: Create a lease agreement abstract

Category: Summarize

The
Create a Lease Agreement Abstract
skill helps you create concise, tabular summaries of lease agreements using your template.

Features and benefits

  • Use this skill to create a first-draft abstract of your lease agreement.
  • This skill can handle many different types of leases, for example, restaurant, retail, hospital.

Practice tips

  1. Select
    Skills
    in the CoCounsel Library.
  2. Upload your lease agreement, along with a template for summarizing and tabulating key details from the agreement.
  3. CoCounsel will create a downloadable tabular abstract of the lease agreement provisions based on the format and structure of the template.
  4. The table will contain footnote references that, when selected, will open and identify the relevant provision of the agreement from which the information was extracted.

Limitations to keep in mind

  • This skill may take a few minutes to run.
  • This skill currently works well for relatively simpler templates. While it can handle templates with multiple tables well, if individual tables contain more than 2 columns, or if the template contains complex data with non-tabular formatting, it may be difficult for CoCounsel to replicate the template style. However, the skill will still pull the requisite data from the agreement.

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