An LOI's contents are mostly the same deal terms you'd type into the panel by hand: tenant name, premise area, term length, rent schedule, options, restrictions. Re-typing them is busywork. Import Deal Terms uploads the LOI (or term sheet, or a screenshot, or even a photo of a marked-up page), reads what's there, applies what matches, and asks you to confirm each change.
01How it works
Three steps from upload to draft:
- i.Select files. Word documents (
.docx), PDFs, and images are all supported. Upload one file or several at once — useful when an LOI's terms are spread across an attached schedule, a side letter, and the body itself. - ii.LeasePilot reads them. The platform parses each file and looks for deal terms it can map onto the structured fields in your panel. Anything it finds, it applies automatically — so by the time the upload finishes, the deal-terms panel is already populated.
- iii.Review and decide. Every extracted value shows up as a proposed change in the panel. Accept what's right, reject what's wrong (rejection reverts to the previous value), and adjust anything in between. Nothing is final until you say so.
02What gets extracted
The platform looks for the deal terms your panel actually has. If your panel includes a Tenant Trade Name field, the parser tries to find a tenant name. If it includes Base Rent — Year 1, it looks for a year-one rent. Because the schema is built around your forms, the extractor isn't trying to parse a generic lease; it's trying to fill your deal-terms panel. The closer the match, the higher the confidence — terms that don't appear in the upload are simply left as they were.
NoteYou're the deciding party. Every extracted value is a suggestion until you accept it. The review step exists because AI is excellent at parsing prose into structured fields, and imperfect at the judgment calls a drafter makes daily. The platform handles the parsing; the drafter handles the call.
For the deal-terms panel itself, see deal terms. For pulling structured terms out of an executed lease (the same idea in the opposite direction), see abstract a document. For deal data that arrives from a property-management or CRM system instead of a document, see connected systems.