Lease abstraction is the method of compartmentalization of key data from a lease document. Lease document for a property contains key business, money, and legal data about a property. A lease abstract report contains details concerning the property location and basic lease details, price schedules, key events, terms and conditions, automobile parking arrangements, and landowner and tenant obligations. Abstracting a true estate contract into electronic type facilitates easy access to key data, exchanging the tedious method of reading the whole contents of the contract every time. Language process may be used for data extraction and abstraction of knowledge from lease documents.
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Natural Language Processing-Based Information Extraction and Abstraction for Lease Documents
Semantic Scholar · Computer Science · 2020
Abstract
Lease abstraction is the method of compartmentalization of key data from a lease document. Lease document for a property contains key business, money, and legal data about a property. A lease abstract report contains details concerning the property location and basic lease details, price schedules, key events, terms and conditions, automobile parking arrangements, and landowner and tenant obligations. Abstracting a true estate contract into electronic type facilitates easy access to key data, exchanging the tedious method of reading the whole contents of the contract every time. Language process may be used for data extraction and abstraction of knowledge from lease documents.