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Lease Abstraction Tech Goes Mainstream: From Paper to Predictable Decisions
Lease Management Technology

Propmodo Technology
By Franco Faraudo · November 19, 2025
Greetings,
Every week we seem to be end up talking about the transformative change that AI is bringing about in the real estate industry. This week, we are confronted with one of the negative effects of AI on real estate. Organizations like the Better Business Bureau and even the New York Department of State are warning about the use of AI to misrepresent the way properties look on their listing photos.
AI is also leading to a rise in rental fraud as bad actors are able to easily fake documents like IDs and pay stubs. Mortgage fraud is also on the rise as even applicant’s voices can now be faked. The hope is that AI will eventually be able to help catch some of the fraud that it is enabling but it looks like from now on it will be a cat and mouse game to see who is best able to harness this new technology.
This week we’re looking at how automation is reshaping lease management from two directions. First, modern abstraction platforms have moved far beyond OCR and field capture, using machine learning to normalize clauses, surface risks, and turn dense contracts into clean, decision-grade data for accounting, finance, and portfolio teams.
Then, new lease-accounting systems are transforming how companies handle ASC 842, GASB 87/96, and IFRS 16—automating calculations, standardizing inputs, and replacing brittle spreadsheets with real-time visibility across global portfolios. Together, they show how lease technology’s next wave isn’t just digitizing documents, it’s redefining how organizations understand their space, manage obligations, and make strategic footprint decisions.
Let’s go!
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Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.
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