# Leaseful

This file is the full-content companion to https://leaseful.ai/llms.txt for AI agents and answer engines; canonical site https://leaseful.ai/.

## What Leaseful is

Leaseful is AI for commercial real estate leases. It is for commercial real estate tenants, brokers, property and asset managers, and counsel. Upload your leases and ask anything: rent schedules, renewal deadlines, CAM caps, co-tenancy rights. Leaseful gives you a plain answer, the page it came from, and the exact clause highlighted in the document.

## How the graph-based query engine works

Leaseful maps the entire lease into a connected clause graph of cross-references, defined terms, exhibits, and amendments. Retrieval traverses the graph, following every relevant thread through the whole document rather than skimming for keywords. A defined term in one section, an exclusion in another, and an exhibit later in the document answer as one lease.

## The verification rule

A claim reaches the screen only if its supporting quote is found verbatim in the source PDF. A paraphrase fails the match and is discarded. A fabricated quote is rejected. The page number and on-page highlight are computed from the quote, never generated.

When the lease is silent, Leaseful abstains and says, "Not found in the lease." The absence of a protection is itself reported.

The math is deterministic, not model-generated. Deadlines are computed from anchors and notice periods in the lease text. CAM findings sum exactly to billed minus lease-correct.

## Comparison with lease abstraction tools

| | Lease abstraction tools | Leaseful |
|---|---|---|
| Accuracy comes from | Human reviewers re-checking the AI | Machine verification against the document itself |
| Turnaround | Days per lease | Reading starts the moment you upload |
| Citations | Generated, checked by you | Verbatim quotes, located and verified |
| When the lease is silent | A best guess, or a blank | "Not found in the lease." |
| Pricing | Quoted on a sales call | Published, not quoted: $1,500 per month, per portfolio |

## The product workspace

### Deadlines

Leaseful opens on what needs a decision: kick-out measurement windows, CAM recovery windows with the dollars at stake, and expirations that need renewal planning. The deadlines are sorted by urgency, each with its clause attached.

### Rent roll

The portfolio rent roll shows every lease, its rent, its expiry, and the rights it carries, including right of first refusal, exclusive use, kick-out, co-tenancy, and CAM cap. Click any row and land on the clause that supports it. The rent roll can be exported to Excel or PDF.

### CAM audit

The CAM audit reconciles the landlord's statement against the lease's grounded terms, line by line. It identifies items such as an overstated pro-rata share, an excluded capital expense billed into CAM, or an increase that exceeds a controllable CAM cap.

The FY2024 demo portfolio has six reconciled statements: four with findings and two clean. The findings are:

- VoltMart Electronics LLC: $37,800 pro-rata share overstatement. The landlord billed 20% of center CAM; the lease provides 17.3%.
- IronWorks Fitness LLC: $18,450 HVAC capital exclusion. A $150,000 HVAC replacement is capital under the lease; the 12.3% share does not belong in CAM.
- Thread & Co. Apparel, LLC: $13,690. The landlord billed at 3.0% where the lease provides 2.3%, and passed through an excluded roof replacement.
- Sapore Italian Kitchen, Inc.: $2,520 cap overage. Controllable CAM rose 14% in one year; the lease caps increases at 5% per year.
- FreshMart Grocers, Inc.: $0. Clean, with nothing unexplained.
- CarePlus Pharmacy Corporation: $0. Clean, with nothing unexplained.

Total likely overcharges for FY2024 are $72,460. Findings sum exactly to billed minus lease-correct.

### Critical-date calendar

Leaseful computes renewal notice windows, kick-out measurement dates, and expirations from the anchors and notice periods in the text. It builds the schedule and provides a calendar feed, per lease or portfolio-wide, with reminders.

### Rights matrix

The rights matrix shows which leases carry right of first refusal, exclusive use, co-tenancy, kick-out, guaranty, percentage rent, and CAM cap. Every check in the grid is backed by a clause. Click it to read the language that grants the right.

### Structured abstract and exports

Each lease gets a structured abstract covering parties, term, rent, escalations, CAM, taxes, insurance, use, assignment, default, renewal options, and right of first refusal. An optional entailment audit re-checks that each quote actually supports its value. Scanned leases are read with OCR, and recognized words feed the same locate-and-highlight process while being identified as recognized text. Abstracts and rent rolls export to Excel and PDF; critical dates export to a calendar feed.

## Amendments

Leaseful reconciles the base lease and amendment stack in order. Every change is grounded in the amendment that made it, and answers come from the version of the lease that governs. A deleted clause is never quoted as if it were still in force.

## Beta and pricing

Every beta customer gets a direct proof of concept. The Leaseful team sets up the workspace, loads the customer's leases together with them, and works through real questions side by side until the value is obvious. Customers talk to the people building Leaseful, not a sales team.

Beta pricing is $1,500 per month, per portfolio, month to month. The price is published, not quoted, and is the same whoever asks.

## Confidentiality

### Never training data

Your leases are processed to answer your questions and for nothing else. Leaseful does not use your documents to train models.

### Closely held

During beta, your workspace is set up and supported directly by the team. Nobody sees your documents except you and the people working your proof of concept.

### Deleted on request

Remove a lease and its extractions go with it. Ask Leaseful to delete everything, and it will.

## Legal note

Leaseful is not legal advice. It extracts what is in the document it is given, and it abstains rather than guesses. Demo figures are demonstration figures as described on the terms page.

## Pages and contact

- [Home](https://leaseful.ai/): full product tour with the demo portfolio, the graph engine, the verification rule, the CAM audit findings, and amendment handling.
- [Learn](https://leaseful.ai/learn/): short practical explainers about commercial lease terms.
- [What is lease abstraction?](https://leaseful.ai/learn/what-is-lease-abstraction/)
- [How to choose lease analysis software for commercial real estate](https://leaseful.ai/learn/lease-analysis-software/)
- [What is CAM reconciliation?](https://leaseful.ai/learn/what-is-cam-reconciliation/)
- [How to audit CAM charges as a commercial tenant](https://leaseful.ai/learn/how-to-audit-cam-charges/)
- [Lease renewal option deadlines: how notice windows work](https://leaseful.ai/learn/lease-renewal-option-deadlines/)
- [Critical dates in commercial leases: what they are and how to track them](https://leaseful.ai/learn/lease-critical-dates/)
- [Do lease amendments override the original lease?](https://leaseful.ai/learn/do-lease-amendments-override-the-lease/)
- [Privacy policy](https://leaseful.ai/privacy/): what the website collects and how it is used.
- [Terms of use](https://leaseful.ai/terms/): website terms, including the not-legal-advice and demonstration-figures notes.
- [llms.txt](https://leaseful.ai/llms.txt): concise information for AI agents and answer engines.
- Email: hello@leaseful.ai