In this episode of "Property Pointers: Real Estate Law Simplified," Real Estate attorneys Katelyn DeMartini and Leizl Hinajon break down the essentials of lease abstracts. They explain how a well-prepared lease abstract provides a concise summary of key lease details, helping business professionals and legal teams quickly assess terms, responsibilities and risks without reading the full agreement. This episode covers what to include in a lease abstract, from parties and rent calculations to events of default, use restrictions and See more +
In this episode of "Property Pointers: Real Estate Law Simplified," Real Estate attorneys Katelyn DeMartini and Leizl Hinajon break down the essentials of lease abstracts. They explain how a well-prepared lease abstract provides a concise summary of key lease details, helping business professionals and legal teams quickly assess terms, responsibilities and risks without reading the full agreement. This episode covers what to include in a lease abstract, from parties and rent calculations to events of default, use restrictions and approval rights, and emphasizes the importance of state-specific considerations. Ms. DeMartini and Ms. Hinajon also highlight how lease abstracts streamline due diligence and decision-making in real estate transactions. See less -