Extract key terms from commercial leases using an LLM

domain: real-estate-general · 6 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Ingest the lease document (PDF or DOCX) and extract text using a document parsing library; for scanned PDFs, apply OCR first.
  2. Chunk the document into overlapping segments (e.g., 1500 tokens with 200-token overlap) to handle leases that exceed a single LLM context window.
  3. Prompt the LLM with a structured extraction prompt targeting specific fields: tenant name, landlord name, premises address, lease commencement date, lease expiration date, base rent, rent escalation schedule, security deposit, renewal options, and permitted use.
  4. Request structured JSON output from the LLM and validate the output against a schema (e.g., date fields parse as dates, rent values are numeric).
  5. For multi-chunk documents, merge extracted fields across chunks, resolving conflicts by preferring the chunk where the field is most likely to appear (e.g., rent from the rent section rather than a recital).
  6. Flag low-confidence extractions for human review rather than silently passing through potentially incorrect values.

Known gotchas

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