About This Course
Lease abstraction plays a crucial role in ensuring compliance, risk management, and decision-making within the commercial real estate and facilities industries. In this course, you’ll learn how to extract, encode, and audit essential lease information while understanding the key stakeholders and technology tools involved. You'll gain the foundational knowledge needed to manage lease terms efficiently and support broader workplace and operational strategies.
You'll explore the steps involved in lease abstraction, from template creation to final auditing, and discover how automation is transforming the process. You'll also examine how lease abstraction supports accounting standards, compliance obligations, and market analysis for tenant and landlord teams alike.
By the end of this course, you will:
- Define lease abstraction and explain its purpose in property and facility management.
- Identify key data points and construct clear lease abstracts.
- Understand the workflow and stakeholder roles in lease abstraction exercises.
- Apply best practices for accuracy, compliance, and risk mitigation.
- Recognise how automation and technology can streamline lease abstraction.
- Support financial, legal, and operational teams through effective lease data management.
Topics Covered:
- What is Lease Abstraction?
- Lease Abstraction and Its Purpose
- Roles and Tasks in the Work Process
- Identifying the Work and Pedagogy Pathway
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
