Tenant-side lease intelligence

Your AI
leasing director.

Your landlord has a team reading your lease. Now you do too. Lease IQ abstracts every clause, audits CAM/NNN, tracks the deadlines that carry leverage, and benchmarks your rent against live market comparables — so you negotiate from evidence, not instinct.

Every leaseabstracted & monitored
Every deadlinetracked to the day
Every dollarbenchmarked to market
Quovec Lease IQ portfolio dashboard

Redefining how you manage leases for every location you operate.

A real audit

One lease. One scan.
~$3,000 a year of exposure.

A worked Lease IQ output on an example retail lease — the same adjustment grid the engine builds, shown end to end so you can check the arithmetic. On your own leases the comparables are live listings pulled from the market the day of the scan, and every figure is read out of the lease document itself.

RST #308417  ·  4820 Mission Blvd, Riverside, CA  ·  2,400 SF retail, NNN
Example lease · illustrative figures
Contract rent
$17.50
per SF / year, as written in the lease
Adjusted fair market rent
$16.25
5 comparables, each adjusted to this space
Position
+7.7%
over market — ≈$3,000/yr in play
How the $16.25 was reconciled — subject 2,400 SF, Class B
ComparableAskingAdjustments to subjectAdjusted
3,400 SF · Class A$19.50Size −$2.00 · Class −$1.00$16.50
2,400 SF · Class A$18.00Class −$1.00$17.00
2,400 SF · Class B$16.00None — same size and class$16.00
2,900 SF · Class C$15.75Size −$1.00 · Class +$1.00$15.75
1,900 SF · Class C$14.00Size +$1.00 · Class +$1.00$16.00
Average of the five adjusted comps$16.25
Computed for you. Size $1.00 per 500 SF of difference. Age and class are one adjustment — building class already reflects age and condition, so where the class is known for both properties the class governs and no separate age adjustment is applied; $1.00 per A/B/C step. Property type and format $1.50 per tier. Recommended for your review. Asset type/format, visibility, convenience and access are the owner's call — they stay neutral until you rate them, so the figure is never inflated, and we recommend rating them before you rely on it. Lease structure is stated, never adjusted — NNN, modified gross and gross are shown with the asking rent rather than converted. Demisable space is compared on the demised footprint, not penalised for the whole block. Informational market analysis, not an appraisal.
AUDIT FINDINGS

A 45-day notice window

The renewal notice on this lease was due 1 September. Miss that date and the leverage disappears for the entire next term.

AUDIT FINDINGS

ASC 842 figures, ready

Right-of-use asset and lease liability of $186,913 computed from the lease terms at a 7% incremental borrowing rate.

AUDIT FINDINGS

CAM / NNN exposure

Administrative-fee caps, gross-up ceilings and audit windows extracted from the clause language and checked against what you were billed.

AUDIT FINDINGS

Landlord-favor vs tenant-favor

Every clause labeled by who it favors. This lease scored landlord-leaning — a personal guaranty and a relocation right on the landlord's side; an exclusive-use clause and a controllable-CAM cap on yours.

AUDIT FINDINGS

Negotiation opportunities

The over-market rent becomes a reduction case; the renewal window becomes a leverage play — each opportunity carrying its dollar value and the exact clause it rests on.

AUDIT FINDINGS

A landlord email, drafted

A rent-reduction email drafted in correspondence to the lease language — quoting the clause and the $3,000 — held in Approvals for your one-click sign-off. Nothing sends without you.

AUDIT FINDINGS

Holdover exposure

At a 150% holdover rate, each month past expiry costs 50% above your rent — the exposure quantified before the deadline arrives, not after.

AUDIT FINDINGS

Rent-escalation audit

Every increase re-checked against the escalation clause — a landlord over-bump is caught before the payment goes out.

How it works

Upload a lease.
Data‑driven — walk in with evidence.

Three steps. The work that used to take a broker a week takes the engine minutes.

STEP 01

Upload — or photograph it

Drop the PDF, or shoot the pages with your phone. AI vision reads a photographed lease as cleanly as a digital one.

Upload hub
STEP 02

The engine reads it

Terms, options, escalations, CAM caps, audit windows and every critical date are extracted and cross-checked — then benchmarked against live comparables.

Fair market rent analysis
STEP 03

You approve. Nothing else sends.

Executive-level emails are drafted for you the moment a finding lands — rent-overage demands, CAM / NNN recovery, and rent-reduction & renewal requests — each drafted in correspondence to the language in your lease, quoting the exact clause and the dollars. Every draft is held until you read it and press approve. Nothing reaches a landlord without your sign-off.

Approvals queue
Capabilities

What the engine does
while you run the business.

Fair market rent

Live comparables pulled for your submarket, each adjusted to your space, reconciled into a defensible market rate — and every lease tracked against it, so an above-market base rent is flagged with the dollars it costs you each year.

Negotiation leverage

Every lease scored against market. Over-market becomes a reduction case; under-market becomes a blend-and-extend.

Critical dates

Option windows, notice deadlines, audit windows and estoppel dates — tracked to the day, so you never miss a deadline or the opportunity to negotiate the lease before renewal.

CAM / NNN audit

Recomputes your share against the clause language and flags admin-fee stacking, improper gross-ups and capital pass-throughs.

Document Vault

Every lease, amendment, CAM statement and landlord letter kept in one place — the original file open for review any time, alongside every report Quovec generates from it.

§

Lease abstraction

Obligations, rights, leverage points and buried risks — personal guarantees, demolition clauses, relocation rights — flagged per lease.

Σ

ASC 842 accounting

Right-of-use asset, lease liability and straight-line expense prepared per lease for your CPA to confirm.

Auto-drafted landlord emails

Rent-overage, CAM / NNN recovery and rent-reduction requests — drafted in correspondence to the language in your lease, each quoting the exact clause and the dollars, and held for your one-click approval.

The app

Your portfolio,
in your pocket.

Everything the desktop cockpit does, on the device you actually carry — plus the one thing a website can never do: reach you before a deadline passes.

Portfolio
Portfolio & deadlines
Fair market rent
Fair market rent
Lease accounting
ASC 842 accounting
Upload
Upload or photograph
Approvals
Approvals
Renewal alerts
Renewal alerts
Why it matters

A missed date costs
more than the software.

  • Renewal & notice alerts — pushed to your phone at 60 and 30 days, so an option window never closes quietly.
  • Photograph a lease — capture pages with the camera; AI vision transcribes them into the same audit.
  • Nothing sends without you — every letter and report is held for your review and explicit approval.
  • Store & address on everything — every screen and every export identifies the location, never an internal id.
Renewal alert notification
Get started

See what your leases
are actually costing you.

Bring one lease. We'll run the full audit — lease abstraction, CAM recovery, critical dates and a fair-market benchmark — and walk you through what it finds.

Coming to the App Store and Google Play. Web access available today.

Quovec Lease IQ — Your AI Leasing Director