FAQ

We have compiled a list of the most frequently asked questions about our Baer Reed legal process outsourcing services. If you would like additional information on any of these topics or our services, contact us today.

What is Baer Reed?

Baer Reed is a boutique legal process outsourcer (“LPO”) specializing in document review and legal support services. It was founded by former attorneys from Gibson, Dunn & Crutcher and DLA Piper to address the need for lower-cost legal support services performed at U.S. standards.

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Lease Abstraction

Our Services

Lease abstraction is an integral part of the real estate due diligence process. It can be a tedious task. It requires attention to detail and a focus on accuracy, but it is critical to understanding any unexpected lease provisions, financial obligations, or other issues of importance in commercial real estate leases. At Baer Reed, our legal team is trained to identify and analyze these issues and compile them in a simplified summary for review by our clients.

The lease abstract will vary in length depending on the details of the lease agreements and the overall objectives and complexity of the client’s request. The lease abstract will summarize key financial, business, and legal specifics in accordance with due diligence standards. It will serve as an outline summarizing

and analyzing salient lease terms in order to provide the reviewer with further references in an easily accessible way. This allows the client to review all pertinent details of the real estate lease without having to read through every page of the document.

Baer Reed’s clients often utilize our services in connection with commercial real estate transactions as part of their due diligence prior to finalizing acquisitions. This review of the commercial real estate leases tied to a transaction is a time-consuming and burdensome process that often needs to be completed on a very tight timeframe. By bringing on Baer Reed’s team to assist in your transaction, you will gain efficiency while cutting transaction costs.

Lease abstraction is an integral part of the real estate due diligence process. It can be a tedious task. It requires attention to detail and a focus on accuracy, but it is critical to understanding any unexpected lease provisions, financial obligations, or other issues of importance in commercial real estate leases. At Baer Reed, our legal team is trained to identify and analyze these issues and compile them in a simplified summary for review by our clients.

The lease abstract will vary in length depending on the details of the lease agreements and the overall objectives and complexity of the client’s request. The lease abstract will summarize key financial, business, and legal specifics in accordance with due diligence standards. It will serve as an outline, summarizing

and analyzing salient lease terms to provide the reviewer with further references in an easily accessible way. This allows the client to review all pertinent details of the real estate lease without having to read through every page of the document.

Baer Reed’s clients often utilize our services in connection with commercial real estate transactions, as part of their due diligence prior to finalizing acquisitions. This review of the commercial real estate leases tied to a transaction is a time-consuming and burdensome process that often needs to be completed on a very tight timeframe. By bringing on Baer Reed’s team to assist in your transaction, you will gain efficiency while cutting transaction costs.

COMMERCIAL REAL ESTATE DOCUMENTS

COMMERCIAL REAL ESTATE DOCUMENTS

At Baer Reed, our legal team has experience with a variety of commercial real estate documents. We ensure high-quality analysis on short turnaround times for:

  • Estoppel Certificates
  • Guaranties of Leases
  • Complex Lease Agreements

COMMON PROVISIONS FOR LEASE ABSTRACTION

COMMON PROVISIONS FOR LEASE ABSTRACTION

  • Property Description
  • Financial Provisions
  • Lease Options and Rights
  • Lease Obligations
  • Guarantees and Waivers
Top 8 Reasons

Companies Outsource

AS A COST CUTTING TOOL
59%
TO ENABLE FOCUS ON CORE BUSINESS
57%
TO SOLVE CAPACITY ISSUES
47%
TO ENHANCE SERVICE QUALITY
31%
BECAUSE IT IS CRITICAL TO BUSINESS NEEDS
28%
FOR ACCESS TO INTELLECTUAL CAPITAL
28%
FOR MANAGING BUSINESS ENVIRONMENTS
17%
TO DRIVE BROADER TRANSFORMATIONAL CHANGE
17%

* Data according to Deloitte 2016 survey

Need Lease Abstraction Services? Contact Us

Need Lease Abstraction Services?

Contact Us