Current events related to COVID- 19 are putting considerable pressure on corporate occupiers. In today’s environment, commercial tenants affected by the pandemic are prompted to closely review leases to understand important lease clauses and to determine the best course of action when negotiating with landlords to achieve appropriate and mutually beneficial arrangements.
The manual search and analysis of key clauses related to the current circumstances are tedious and resource-intensive, putting additional pressure on occupiers to respond quickly. With the advancements in Artificial Intelligence, this pressure can be significantly reduced by utilizing automated lease review and smart document search with direct links to key lease terms.
We met with an industry expert, Joel Binstok, the Managing Principal of The York Group, to discuss what occupiers need to consider when reviewing leases. In addition, we will showcase how automated lease review and quick document search enables occupiers and lawyers to easily and quickly access crucial clauses such as Force Majeure / Act of God, SNDA, Co-Tenancy, Late Fees, and many more.
In this on-demand webinar, you will learn how to:
- Review leases and understand which clauses are important to look at for current lease negotiations
- Find important and pertinent clauses such as “Force Majeure” and “Condemnation” quickly and easily
- Search the whole portfolio of leases for concrete keywords and phrases with direct links to the relevant sections in the original lease
- Automatically export the searched phrases, lease and document name, page number, and link to the exact location into Excel