The Lease Agreement Review skill ingests a senior housing lease agreement and produces an executive summary in an easily consumable format to understand best practice questions about the document. Additionally, the Lease Agreement Review skill allows the user to ask up to three (3) unique questions about the document.
Specifically, the Lease Agreement Review skill produces analysis on the following sections of the uploaded document:
Parties Involved
Term of Lease
Description of the Property
Escrow Agreement Summary
Rent Amount and Payment Terms
Earn Out Summary
Deposit
Operating Expenses
Maintenance and Repairs
Insurance
Leasehold Improvements
Termination Clauses
Default
Assignment and Subletting
Force Majeure Clause
Dispute Resolution
Compliance with Laws and Regulations
Services to be Provided
Funding Available for Expansion
Option to Purchase
Option to Renew
Common Area Maintenance
List of Documents in the Addendum
List of Amendments
To use this Skill, you must have a lease document for a senior housing community available to upload to the Skills module. Acceptable file formats include: .docx, .pdf, or .txt file. Please avoid scanned documents if possible as they may have trouble having their text recognized correctly.
To run this Skill:
Click "Continue" to acknowledge that you understand the upload requirements of the Skill.
Upload your desired lease agreement document.
Input a question about the agreement into the blank text box or choose "Skip."
Input a second question about the agreement into the blank text box or choose "Skip."
Input a third question about the agreement into the blank text box or choose "Skip."
The analysis of your lease agreement will likely take several minutes. You can navigate away from the page while AI Skills analyzes your document. To download the output to a word document, select the "Download" button at the top or bottom of the output.
PLEASE NOTE: This content has been generated by NIC MAP Vision's Automations Platform and is only intended to be a first draft. It must be reviewed by a trained professional to ensure accuracy and compliance with all applicable laws and regulations.