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Lease Abstraction

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Zessta Software Services

  • Salary:
  • Location: Hyderabad
  • Key Skills: Accounting

Job Description:

Job description Responsibilities: Review and abstract Commercial Real Estate (CRE) lease agreements, amendments, renewals, addendums, and related legal documents. Extract and validate critical lease information including lease dates, rent schedules, escalation clauses, CAM charges, operating expenses, renewal and termination options, critical notice dates, and compliance obligations. Ensure lease abstractions are completed with high accuracy, quality, and adherence to defined turnaround timelines and client standards. Update and maintain lease management systems, databases, trackers, and abstraction repositories with accurate lease information. Identify inconsistencies, missing information, or potential risks within lease documents and coordinate with relevant stakeholders for resolution. Manage multiple lease abstraction assignments and support lease administration, audit, reporting, and portfolio migration activities as required. Perform quality checks and support continuous process improvement initiatives to enhance operational efficiency and abstraction quality. Collaborate with internal teams, property managers, legal teams, and clients for lease-related clarifications and operational support. Maintain confidentiality and secure handling of lease, tenant, and financial information. Skills and Experience: Must have 2 - 7 years of experience in Lease Abstraction / Lease Administration within the Commercial Real Estate (CRE) industry. Strong understanding of Commercial Real Estate lease structures, terminology, and legal clauses across office, retail, industrial, and mixed-use properties. Experience in abstracting complex lease documents with strong analytical and document interpretation skills. Familiarity with lease administration processes including rent schedules, CAM reconciliation, escalations, renewals, and critical date tracking. Experience working with lease management systems, abstraction platforms, and document management tools. Proficiency in Microsoft Excel, Word, and reporting tools. Exposure to OCR-based lease processing or AI-assisted lease abstraction tools will be an added advantage. Strong verbal and written communication skills with the ability to coordinate effectively with internal and external stakeholders. Ability to manage multiple assignments while meeting productivity, quality, and SLA expectations. Strong attention to detail, organizational skills, and problem-solving capabilities. Education and Experience: Bachelors/Master’s degree in Commerce, Business Administration, Real Estate, Finance, Law, or related field preferred. Candidates with prior experience working with Commercial Real Estate (CRE) companies, property management firms, or lease administration service providers are preferred. Experience: 2 - 7 years. Role: Other Industry Type: IT Services & Consulting Department: Other Employment Type: Full Time, Permanent Role Category: Other Education UG: B.B.A. / B.M.S. in Any Specialization Key Skills Skills highlighted with ‘‘ are preferred keyskills Lease AbstractionCommercial Real Estate CAM chargesLease AdministrationCAM reconciliation