Leaseabstracts

AI Lease Abstraction Tools Compared: Owners, Pricing, Status

September 2026 8 min read
LA LEASE ABSTRACT · 24-PAGE PDF · AI-EXTRACTED
Lease type
Fields
Lease

Of the ten AI lease abstraction tools compared below, only one publishes a price you can check on its own site today, the two that sold on published unit prices have gone offline, and at least five now belong to a larger company than the name on the shortlist suggests. We checked every vendor's own domain in September 2026, and the table below is what we found. If you are choosing a tool to pull rent, dates and options out of commercial leases this quarter, start from the tools that are still answering and still willing to tell you what they cost.

This comparison is for US property managers, landlords, brokers, lease administrators and accounting teams who have a stack of lease PDFs and need the terms as data. Every status below comes from loading the vendor's own domain rather than from a directory listing, because directories and AI-written roundups are still recommending products that redirect elsewhere or no longer load.

Which AI lease abstraction tools are still available in 2026?

Most of them, but under different names and owners. The quickest test is to type the vendor's original domain into a browser and see where you land. That two-second check caught LEVERTON, AMTdirect, Kira and Lucernex redirecting into larger platforms, and it caught LeaseLens and Lextract not loading at all.

Tool Who owns it now Published pricing Status we saw in September 2026
LeaseabstractsIndependentYes: Solo $49, Team $149, Firm $399 a monthLive, self-serve sign-up
ProphiaProphiaNo figure. Essentials priced per tenant, annual subscriptionLive, demo request
MRI Contract Intelligence (formerly LEVERTON)MRI SoftwareNoleverton.ai redirects to MRI
KiraLiteraNo. Litera's pricing URL returns a 404kirasystems.com redirects to Litera Review
Visual LeaseCoStar Group, since November 1, 2024No. Request pricing formLive
AMTdirectMRI SoftwareNoamtdirect.com redirects to MRI lease accounting
LucernexAccruentNolucernex.com redirects to Accruent Lx Contracts
eBreviaDFINNo. A directory lists from $1,000 per user a monthLive
LeaseLensUnclearLast known: about $25 per exportleaselens.ai had no address record on September 16
LextractUnclearLast known: $15 per leaselextract.io has not resolved since late August

Pricing and ownership change, so confirm both on the vendor's site before you sign. Where we say last known, the figure is what the vendor published while its site was up; we can no longer check it.

Which AI lease abstraction tools have gone offline?

Two self-serve tools that sold on transparent unit pricing have stopped answering. Lextract's domain stopped returning an address in late August 2026, and lextract.com shows a parking page. On September 16, 2026 leaselens.ai still had nameservers registered but no address record, so browsers could not reach it, and leaselens.com was a parked domain at a registrar. Neither posted a shutdown notice that we could find.

That matters more than it sounds. Both tools were popular precisely with the buyers who had no enterprise contract, which also means those buyers had no contractual export or data-return clause. If your abstracts lived in either account and were never downloaded, that data is out of reach for now. If you exported to Excel or Word, those files are your only copy, so keep them. The replacement question is simple: which tool can take the next batch of leases this week and give you files you hold yourself. Our pages on the LeaseLens alternative and the Lextract alternative keep the last known terms of each on record.

Who owns the AI lease abstraction tools on your shortlist?

Consolidation has turned several independent AI extraction products into features of large platforms. MRI Software took in LEVERTON, whose domain now lands on MRI Contract Intelligence, and AMTdirect, whose domain now lands on MRI's lease accounting page. Litera announced its acquisition of Kira Systems in August 2021, and kirasystems.com now opens Litera's Review capability, which Litera describes as having "1,400+ pre-built smart fields" and "95%+ precision on target provisions". CoStar Group completed its purchase of Visual Lease on November 1, 2024, a deal covered in our Visual Lease vs CoStar Real Estate Manager guide. Accruent owns Lucernex. Zuva, the contract AI company that spun out of Kira, now leads its homepage with sell-side M&A legal diligence rather than leases.

For a buyer, ownership changes three things. The product roadmap belongs to the parent, so AI extraction becomes a module that has to justify itself inside a bigger suite. Pricing moves to a quote, because the parent sells platforms. And the extraction is usually sold to customers of that platform, which is fine if you already run MRI or CoStar and awkward if you do not. None of that makes these products worse. It does mean that shortlisting "Kira" and "LEVERTON" against each other in 2026 is really shortlisting Litera against MRI.

How much do AI lease abstraction tools cost?

AI lease abstraction tools are sold on six pricing models, and the model decides your bill more than the headline rate does. Here is what 40 leases a month looks like under each one, using only figures the vendors published or that were published about them.

Pricing model Who uses it What 40 leases a month costs
Pay per exportLeaseLens, last knownAbout $1,000 a month at $25 an export
Pay per leaseLextract, last knownAbout $600 a month at $15 a lease, less in packs
Published monthly planLeaseabstracts$149 a month on Team, which covers up to 75 leases
Per tenant, annualProphia EssentialsNot published. Scales with the rent roll, not with monthly volume
Per seateBrevia, per a software directoryFrom $1,000 per user a month before volume
Enterprise quoteMRI, Litera Kira, Visual Lease, AccruentNot published. Usually bundled with implementation

Two patterns stand out. Unit pricing looks cheap on a single lease and turns expensive at steady volume: at $25 an export, 40 leases cost more than six months of a Team plan. And the enterprise vendors bundle extraction into a platform quote, which is why buyers who only need the lease data end up paying for a system of record they did not ask for. On our pricing page the effective rate runs from $3.27 a lease on Solo to $1.28 a lease on Firm billed yearly. The lease abstraction software pricing comparison tracks the full vendor list, including who quotes and who publishes.

Is AI lease abstraction accurate enough to rely on?

Yes, when you can check each value against its clause in seconds. Vendor accuracy claims (Prophia states 99% for Essentials with human review, Litera states 95%+ on target provisions) are measured on each vendor's own field sets and documents, so they do not compare across tools. What decides whether you can rely on output is verification speed: if every extracted value links to the page and clause it came from, a reviewer confirms a 40 page lease in minutes instead of re-reading it.

Test on the fields that cost money when they are wrong, not on the commencement date every tool gets right. Free rent is a good example. A clause that abates base rent only and one that abates all rent look alike in a summary and produce different schedules, which is why we built a dedicated page on rent abatement ASC 842 extraction. Renewal notice windows, CAM caps and co-tenancy remedies are the others worth checking.

Which AI lease abstraction tool fits your team?

Match the tool to the job you are paying for, not to the size of the brand.

  • You run MRI or CoStar already and want extraction inside that system: ask your account team for MRI Contract Intelligence or Visual Lease abstraction, and get the abstraction of existing leases quoted as its own line.
  • You want someone else accountable for every term and can budget an annual subscription: Prophia Essentials, which includes CRE expert review.
  • Your lawyers are running diligence across all contract types, not only leases: Litera Kira or eBrevia.
  • You need lease data out of PDFs every month, want to see the price before you talk to sales, and want files you keep: a self-serve tool on a published plan. That is the job Leaseabstracts is built for, with source links on every field and export to Excel, CSV, PDF and Yardi or MRI mapped files.

One practical point on that last group. Once abstracts leave the tool, they usually feed a spreadsheet, a lease accounting subledger or a warehouse. If they feed a warehouse, it is worth monitoring the freshness of that data feed so that a stalled export shows up as an alert rather than as a stale rent roll at quarter end. The whole point of switching away from a tool that disappeared is to never again find out about a gap after the fact.

What should you test before you pay for an AI lease abstraction tool?

Run the same five checks on every tool left on the list, with your own documents.

  • Load the vendor's original domain. If it redirects, you are buying from the parent. If it does not load, move on.
  • Find a price without a demo. If none exists, ask for subscription, implementation and abstraction of your existing leases as three separate numbers.
  • Upload your worst lease, a scan with amendments, and check that the tool reports the rent in force today rather than the original figure.
  • Click three values and confirm each opens the clause it came from.
  • Export everything on day one and open it in the system you actually use.

The broader category view, including administration platforms and ASC 842 subledgers that get mixed into these shortlists, is in our best lease abstraction software comparison. If the lease data itself is the goal, upload a lease above and look at the source-linked abstract before you decide.

Abstract your next lease in minutes, not hours

Upload a commercial lease PDF and Leaseabstracts extracts the dates, rent, escalations, options, CAM, deposit, and key clauses, each traced to its source page and clause. Export to Excel or PDF.