<format type="json">{agreement_id: string, document_date: date, lease_parties: list[{party_type: string, entity_name: string, entity_address: string optional, contact_person: string optional}], property_details: {property_address: string, unit_identifier: string optional, square_footage: number, property_type: string}, lease_term: {start_date: date, end_date: date optional, term_duration_months: number, renewal_options: list[{option_number: number, renewal_period_months: number, notice_period_days: number, rent_escalation_method: string}]}, financial_terms: {base_rent_initial: number, rent_frequency: string, security_deposit_amount: number optional, escalation_schedule: list[{escalation_type: string, effective_date: date, increase_value: number, increase_unit: string}], additional_rent_components: list[{component_name: string, payment_structure: string, estimated_annual_cost: number optional}]}, maintenance_obligations: {lessor_responsibilities: list[string], lessee_responsibilities: list[string]}, use_restrictions: list[string], legal_provisions: {force_majeure_clause_present: boolean, sublease_assignment_terms: string, dispute_resolution_method: string optional}}</format> <data>**INTERNAL MEMORANDUM - LEASE ABSTRACT**

**TO:** Portfolio Management Team
**FROM:** Legal & Compliance Dept.
**DATE:** 2025-08-13
**RE: Summary of Executed Lease Agreement: LEASE-APPEAR-2023-133

This serves as a summary of the commercial lease executed on 2023-03-27 between the Lessor, Jackson-Martin, and Lessee, Deleon-Schneider. The subject of this agreement is the Retail property at 2865 Annette Forges, Suite 933, East Tara, Colorado 38745, comprising approximately 4,854 square feet. All relevant documentation has been filed under our standard procedures, and the original document is stored in the main vault.

The lease term is set for 60 months, commencing on 2023-03-27 and concluding on 2028-03-26. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $8,346.26, payable on a quarterly basis. A security deposit of $16,692.52 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 4.5% taking effect on 2024-03-26. Additional rents include Insurance (Pro-rata share (4%)), Operating Expenses (CAM) (Pro-rata share (14%)), Operating Expenses (CAM) (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Landscaping and snow removal; Parking lot maintenance. The Lessee's duties include: Minor repairs to plumbing and electrical; Interior non-structural maintenance; Pest control within the unit; Janitorial services within leased premises. Use of the premises is specifically limited. Key restrictions include: Signage must be approved by Lessor. Business operations restricted to 8:00 AM to 10:00 PM.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Permitted only to an affiliate entity with 30 days prior notice. A force majeure clause is notably absent in the agreement.  Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-APPEAR-2023-133",
  "document_date": "2023-03-27",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Jackson-Martin",
      "entity_address": "957 Yang Loop\nBuchananside, ID 69363"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Deleon-Schneider",
      "entity_address": "USCGC Chambers\nFPO AE 24076"
    }
  ],
  "property_details": {
    "property_address": "2865 Annette Forges, Suite 933, East Tara, Colorado 38745",
    "square_footage": 4854,
    "property_type": "Retail"
  },
  "lease_term": {
    "start_date": "2023-03-27",
    "term_duration_months": 60,
    "renewal_options": [],
    "end_date": "2028-03-26"
  },
  "financial_terms": {
    "base_rent_initial": 8346.26,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2024-03-26",
        "increase_value": 4.5,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-03-26",
        "increase_value": 4.8,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2026-03-26",
        "increase_value": 1.72,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Insurance",
        "payment_structure": "Pro-rata share (4%)",
        "estimated_annual_cost": 3601.44
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Pro-rata share (14%)",
        "estimated_annual_cost": 5653.39
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 7091.86
      }
    ],
    "security_deposit_amount": 16692.52
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Landscaping and snow removal",
      "Parking lot maintenance"
    ],
    "lessee_responsibilities": [
      "Minor repairs to plumbing and electrical",
      "Interior non-structural maintenance",
      "Pest control within the unit",
      "Janitorial services within leased premises"
    ]
  },
  "use_restrictions": [
    "Signage must be approved by Lessor.",
    "Business operations restricted to 8:00 AM to 10:00 PM."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Permitted only to an affiliate entity with 30 days prior notice."
  }
}