Tenant security and lease review agent
The right deposit, without slowing the deal.
- Client
- A large property investment and development business
- Sector
- Property and development
- Status
- Delivered
Business problem
What problem are we actually solving?
Before signing a lease, the landlord must decide how much financial security to require from a tenant. Enough to protect the investment, not so much it kills the deal. Getting there means analysing the tenant's financials and scrutinising the lease draft, and doing both quickly enough not to hold up leasing.
Target users
Who is this for, and what does their day look like?
Leasing managers, asset managers and legal support reviewing tenant covenants and lease drafts.
Current process
How does it work today, and where does it hurt?
Tenant financials reviewed by hand and compared informally against internal norms. Lease redlines read line by line against prior accepted language, with risky changes easy to miss under deal pressure. Outputs varied by reviewer and were rarely documented consistently.
Desired outcomes
What does better look like?
- Complex legal clauses summarised and broken down for quick comprehension.
- Side-by-side comparison of prior accepted language against current redlines, with differences and potential risks highlighted.
- Financial terms such as security deposits validated by analysing tenant financials against internal benchmarks.
- Consistent, well-documented output that supports the decision and reduces manual review time.
Constraints
What limits, systems, data or rules apply?
- Grounded strictly in the tenant's submitted financials, the lease draft and the organisation's own precedent language.
- Internal benchmarks are proprietary, so the logic had to stay inside the enterprise platform.
- Output positioned as decision support, not a credit or legal determination.
- Had to fit the leasing team's existing turnaround expectations; speed was a hard requirement.
Success metrics
How will we know it worked?
- Lease draft review time.
- Redline deviations from precedent caught before sign-off.
- Share of security recommendations aligned to the benchmark on first pass.
What was built
An agent combining three capabilities, clause summarisation, redline-versus-precedent comparison and financial benchmark validation, returning a concise bulleted recommendation with the supporting evidence for each point.