Legal & Contracts · Contract abstraction + live tracker
Six contracts abstracted the way a paralegal would
The finished work
Nineteen rental units running on six vendor contracts nobody had re-read since signing. Two auto-renew; the owner didn't know the dates.
What they asked for, word for word
I manage nineteen rental units and I just realized I am running the whole thing on contracts I have not read since I signed them: six vendor agreements attached (landscaping, elevator, insurance, cleaning, security, snow). Abstract every one onto a single card the way a paralegal would: parties, term, renewal date, notice window to cancel, price escalators, what happens if I am late, what happens if they are late. Then the calendar of every date that can cost me money, and a tracker where I see the whole portfolio at a glance. Two of these auto-renew and I do not even know when.
What the studio made
Every contract abstracted onto a single card the way a paralegal would: parties, term, renewal date, the notice window to cancel, escalators, what happens when either side is late. The money calendar of every date that can cost something. And the tracker itself, live in the case: the whole portfolio at a glance.
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