Some of the problems LeaseProbe reports on are:
Of course, we are not aware of the parties' commercial objectives or personal circumstances in entering into a particular lease. So things that seem wrong to us may be acceptable. Equally, since we don’t know these things we can’t guarantee that the draft lease is in fact fit for purpose. LeaseProbe gives you information about the draft lease which you can then use to help in finalising the lease.
Our prices are based on the number of leases you expect to review. Regular users are likely to find our monthly subscription packages more economical. Other users may want to buy a pack of 5 or 10 lease reviews. Contact us with the details of your requirements and we’ll get back to you promptly with a quote.
LeaseProbe can be tailored in a wide number of ways. If you already have a playbook, we can incorporate its requirements into our tool. If not, we can work with you to identify and integrate your requirements. If you require specific wordings in your leases, then we can include them (you will retain all intellectual property in that text and it will be used only for your benefit).
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When you upload your documents, they are encrypted in transit using a 2048-bit SSL Certificate. That is the highest generally available form of web encryption. In addition, the cloud service provider we use complies with strict security controls, including ISO 27001, 27017 and 27018. We also apply promptly all security patches and updates from our operating system providers.
At present, LeaseProbe only reviews retail leases. However we plan to expand this offering in the future. Please let us know if there is a particular type of lease that you come across regularly and would like to have LeaseProbe review.
For the present, LeaseProbe will only review leases for tenants.
LeaseProbe handles files submitted in docx, doc and txt format and pdfs which allow their text to be selected. The ability to download a mark-up of the original document which includes the comments and draft clauses you had marked for inclusion only applies for docx files. If the contract contains track changes or revision marks, please accept them all before uploading.
LeaseProbe cannot process pdfs which have been scanned. If you can't “select” text in a pdf then LeaseProbe will not be able to process it.
LeaseProbe works best under Chrome. However we also support the latest version of most other common browsers.
No. As we aren’t aware of the parties' objectives or circumstances, we are not providing legal advice.
The score is calculated using a number of factors, including the extent to which the lease includes clauses that seem unusual to us in this type of lease and the number of problems that we have detected.
Unfortunately not. As we said above, we aren’t aware of the parties' objectives or circumstances and so can’t guarantee that even a draft lease that seems perfect to us is in fact fit for your purposes.