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Lease abstracts are the most crucial tool to dig out all the important information from the lease agreements, which usually pile up in volumes containing hundreds of pages. These humongous volumes of the agreement are too tedious to read, and scalping information from them becomes even more hectic. Taking the difficulty a notch higher, some of this data is written in another language. The foreign lease abstracts should be more cautiously dealt with, i.e. translated by the best lease abstraction company . Why lease abstraction? Lease abstraction or simply put lease abstracts being the most widely used tool for the lease contracts. Without them, the life of the corporates in the dimension of real estate won’t have been easier. Translating lease agreements written in a foreign language can be a mammoth task, and will consume the majority of the productive time. Hence, it is wise to outsource the project to the best lease abstraction firm who will help you in saving your time, money as ...

What is lease abstraction? Have you ever wondered how commercial properties go on rent? Well, they usually undergo the lease abstraction process. Lease abstraction refers to the process of producing a concise version of a lease document. Precisely saying it is a document that accords the deal between the tenant and the landlord. This document can be procured for either an entire portfolio of commercial estates or just even a single building too. It is made to make both parties aware of the terms and legality in an easy way. What does it contain? A lease abstract contains all necessary and important information or rather includes the client’s obligations i.e. date of commencement of the lease, the total area of a property that is going to be on lease, subletting options, rental amount, provisions, terms, and conditions, etc. It also contains the names of both the parties, the term of the lease, address, rent escalations, percentage rent, etc. Whatever information is necessary for bo...

Getting a visa can surely be a time taking process. Procuring an H1-B visa was such a matter which also depended upon luck as earlier it was conducted based on a lottery system. Multiple rounds of the lottery were conducted to get an H1-B visa and that too for advanced degree holders. But since April 1, 2020, the premium processing service has been resumed which has given relief to the people. What does premium processing service mean? Premium processing is the service offered by the US Citizenship and Immigration Services , in which the H1-B employers can get access to faster processing of their petitions by paying additional fees of $1410. This allows the USCIS to carry out their services without fully suspending its services due to lottery allotment. What is the benefit? This allows employers to hire professionals much easily within a quick period. They can easily find out whether the professional will be allotted the H1-B visa in the lottery. The resumption of the...