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Lease Abstraction &
Lease Administration Services

Powered by IA

Business Process Management

Lease Abstraction & Lease Administration Services Powered by IA

Crucial property decisions are driven by critical business information. We assure its accessibility to real estate firms, investors, audit firms, and lease managers.

Secure your real estate decisions with concrete information

Changepond offers extensive real estate services to a diverse clientele around the globe. It strives to streamline and simplify the process of owning, managing, and keeping track of our client portfolios for all types and sizes of properties and industries. Leveraging its years of expertise in lease abstraction and administration, Changepond enables strategic planning by reducing risks, delivering pixel-perfect reports, tracking payments, and generating accurate data. By making use of any given opportunity to be a differentiator whenever possible, it always maintains its competitive edge over other players. Using the power of intelligent automation (IA) is one such edge.

Lease Administration Services Powered by IA
Lease Administration Services Powered by IA

Changepond supercharges the human effort with the power of IA. Changepond’s Lease Administration team comprises consummate lease administrators that use the power of IA and the market’s best processes to deliver highly accurate results at a highly competitive price for customers worldwide. Our mission is to offer customers extensive, accurate, and quick lease management so that all crucial lease information is readily available to users.

We offer our services to

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Real Estate Firms

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Property Owners

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Mortgage Lenders

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Realtors/ Agents

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Real Estate Investors

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Real Estate Investment Trusts (REITs)

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Landlords

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Property Managers

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Commercial Tenants

Lease Abstraction Services

Changepond can assist you in accurately abstracting your business-critical property, financial, legal, and other important clauses and phrases from the lease document using the power of IA while coping with changing lease standards. We manage complex leases in more than 45 different languages worldwide.

Leveraging automation in time-consuming lease review and audit processes, you may better control your real estate portfolio management and lease administration procedures. With our AI-driven extraction of crucial lease information from large lease contracts, lease reviewers and lease administrators may finally relax.

  • It can extensively process complex and lengthy lease agreements
  • Support several native languages for abstraction
  • All collected data points are subjected to a three-layer quality check to ensure pixel-perfect accuracy
  • Customizable/ user-defined output formats for easy integration with client lease databases
Abstraction Services

No matter the kind or format of the lease documents, our reliable lease-abstraction procedure abstracts them. We use agile approaches, effective workflow procedures, sector knowledge and cutting-edge technology to provide high-quality lease abstracts quickly.

Abstraction services cloud validation

Lease Validation

At Changepond, we perform an extensive accuracy check and gap analysis on all legal, business, and financial data extracted from lease contracts. The abstracted critical data is cross-verified, managed in any language and validated against the source text. Our thorough cross-verification assists in giving reliable reports on the data points collected.

Abstraction process

  • Step 1
    Input Lease Document
  • Step 2
    Document Segregation
  • Step 3
    OCR Conversion
  • Step 4
    Translation (Non-English)
  • Step 5
    Automation
  • Step 6
    Lease Abstraction
  • Step 7
    Quality Checking
  • Step 8
    Tool Upload
abstraction process

Translation Services

With the aid of our linguistic expertise, we analyze, process, and interpret numerous multilingual lease documents for international clients

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Multilingual Lease
Abstraction

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Review of Legal
Documents

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Contract Provision

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Data Migration
for Lease

Translation Services

Our real estate translation services are swift, remarkably precise, outcome-oriented, and reasonably priced. For all lease agreement translations, Changepond makes use of reliable technologies, linguistic proficiency, and legal competency.

Translation Services
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Error-less Translations

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Rapid Response Times

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Language Experts

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Accurate Outcome

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Professional Legal
Translators

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Support for Translation
in 40+ Languages

Languages we support

French, German, Hindi, Latvian, Lithuanian, Portuguese, Russian, Spanish, Taiwan

Albanian, Arabic, Bulgarian, Croatian, Czech, Danish, Dutch, Estonian

Finnish, Greek, Hungarian, Indonesian, Italian, Kazakh, Malaysian, Norwegian

Polish, Romanian, Serbian, Slovak, Slovenian, Swedish, Thai

Azerbaijan, Cantonese, Chinese, Flemish, Hebrew, Icelandic, Japanese, Korean

Mandarin-Simplified, Mandarin-Traditional, Turkish, Vietnamese

Translation Services

Lease Administration Services

Desktop Audit and CAM Reconciliation

To make sure CAM costs are applied properly, update amendments, cross-verify expense billings, and keep an eye on recurring and non-recurring expenses.

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Calculating CAM
Charges

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Desktop Audits

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Tax and Insurance
Reconciliation

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Dispute Settlement

Secure your real estate decisions with concrete information

For owners and management firms of commercial properties all around the world, Changepond provides a configurable CAM reconciliation solution. Due to our significant expertise in working with clients from around the world and the integrated strategy we employ, we are able to simplify complex processes while increasing revenue prospects.

We simplify the reconciliation process to remove the desktop audit obstacles to assist renters of commercial real estate in identifying opportunities and recouping overpayments. Maximum data correctness is ensured by our thorough and process-focused desktop audit service, which identifies any erroneous expenses and mistakes in the reconciliation documents.

Our desktop auditing procedure includes

Our desktop auditing procedure includes

  • Examining reconciled bills and statements to find the computational error
  • Examining whether the lessee's monthly costs conflict with the terms of the lease
  • Converting CAM bills to the standard audit template and verifying lease excursions
  • Calculating the shared proportion expense by analyzing the property's floor space
  • Determining the cost of additional occupied space in order to facilitate the renegotiation
  • Assessing escrows paid by tenants and alerting landlords to additional costs

Tools expertise

Ready to use Lease Abstraction Services

Let’s start a conversation.