Lease Abstract

A commercial real estate lease abstract is a document that summarizes the most salient aspects of a given lease. The lease abstract is meant to save stakeholders to a lease the time that would otherwise be required to read through the lease in order to find specifics about the lease.

A lease abstract generally contains information such as key lease dates, notes about the tenant and guarantor, specifics about rent and expense reimbursement, details related to insurance requirements, etc.