The Lease Generator is designed to prepare and issue leases and related documents in a fast, effective and consistent manner, all in the house style.
Consistency is key in lease agreements. With an automated and standardized lease generation workflow, law firms, large property management companies, and landlords have access to readily accessible legal expertise that’s translated into simple and consistent steps to create, maintain and review lease agreements. By factoring in property specificities, the Lease Generator ensures full compliance with regulations and helps anticipate unforeseen events based on historical data.
Background
Ensuring a robust lease agreement is crucial for landlords and tenants, as each party should have a reliable claim in case of issues with the lease.
The pandemic has only further complicated the rental process. When the pandemic hit, nearly half of commercial lease rents in the US were not paid. And recent court-rulings in the US were both vendor- and tenant-favorable, but fraught with difficulties for both parties. As the pandemic ravaged on, lawsuits and counterclaims have added an additional blow to the already ailing performance of companies.
A case in point is a well-established retail company, which fought against its landlord to maintain their view that its lease contract had been rescinded without a valid ground by the landlord, which the court later dismisses as unfounded. The American Bar Association took the view that similar cases with different outcomes are likely and so it’s important for business to anticipate the extent of the lease agreements.
Automating lease creation with BRYTER
Users enter the relevant information in an intuitive interface which guides them through the process of preparing leases and any necessary licenses, statutory declarations and other relevant documents. The Lease Generator can be adapted and customized to suit all manner of pre-leasing and leasing, including agreements for lease and office, retail, leisure, warehouse and residential lettings.
Preparing leases can be a time consuming and low margin exercise. Lease Generator built on BRYTER turns a paper form process into an interactive and automated tool which automates all the documents necessary based on the way the user answers the questions. In doing so, the document automation tool can streamline both the lease as well as any other necessary documents, such as a license to alter, all at once via a single questionnaire.
By automating lease generation activities, teams can easily standardize the operational lease-related workflow and tailor it to their specific processes and criteria. Companies can use their existing playbooks and combine them with specific input data to create a seamless lease creation process, as well as reduce errors and pre-empt potential risks quickly.
Build your own workflow automation tools with BRYTER no-code app builder. Alternatively, book a demo with one of our experts to find out how to streamline your processes.
Benefits
Automated & standardized
The Lease Generator automates and streamlines the production of a great array of different property documents. The user ensures consistency in content and approach to issuing leases and related documents by simply providing standardized answers to each question. This can be particularly helpful when it comes to estate management.
Faster execution
Save up to 75% of time preparing leases and supplementary documents in an individual house style.
Integrated
The Lease Generator easily integrates with existing databases, document management systems or content libraries and is able to draw on existing client templates.
Highly customizable
Every application built on BRYTER is highly customizable. The Lease Generator reflects the unique way in which the agreements for lease, leases and supplementary documents are prepared.
How it works
Import precedents
Import house style approved lease and document precedents into the tool while connecting it to an interface and sophisticated logical flow. Standardize the process of creating these documents and delivering time saving, consistency and risk management benefits.
Generate drafts
The user of the application can access it through a variety of devices to generate legally accurate drafts without the need to consult more experienced lawyers. The flow through the application can be intertwined with other processes (email, approvals, etc.) to streamline the overall document generation process.
Monitor usage
A dashboard allows management a complete overview of all documents generated and the key terms within them, while the documents themselves are generated independently by employees. This helps the monitoring of the usage of the application and easy report generation.