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The Lease Agreement (US) skill extracts data from US lease agreements. A lease agreement is a legal document that sets out the rental terms for either a commercial or residential property between the property owner, also known as a landlord, and the renter, also known as a tenant. The Lease Agreement (US) skill is a preview skill. It has been trained on a limited set of documents and is designed to help you quickly get started with processing US lease agreements. For production use, you may need to uptrain the skill with your own document samples.
Important. The Lease Agreement skill cannot be trained on additional documents.
This skill recognizes handwritten text. The option is enabled by default. If you do not import handwritten forms, disable the Handwritten option in the skill settings.

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Countries and Languages

CountriesLanguages
USAEnglish

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Extracted Fields

FieldDescription
Preamble SegmentPreamble.
Landlord Legal NameName of the landlord organization.
Tenant Legal NameName of the tenant organization.
Agreement DateAgreement date.
Premises SegmentProperty description.
Premises Address (repeating field)Property address.
Initial Term SegmentLease term.
Initial TermLease duration.
Renewal Option SegmentOption to extend the lease.
Renewal TermDuration of the additional rental period when extending the lease.
Use (repeating field)Specifies any use restrictions.
HoldoverDescription of the conditions for cases when a tenant continues to occupy and use the premises after the term of the lease ends.
Governing Law SegmentGoverning law.
Governing LawSpecifies the state whose law governs the agreement and where the property is located.