AI in commercial real estate / COMPANION EXAMPLE

AI for real estate: handle a missing lease assumption

Invented source excerpt: “Annual rent: £180,000. Lease term: five years. Rent payable monthly.” The excerpt says nothing about rent-free periods.

An authored product demonstration. Read the answer freely; no live AI or connection to your software.

YOU ASK

I asked AI to extract rent, term and rent-free months from a lease summary. It returned zero rent-free months. Can I put that into the model?

propfessor.Companion example

The short answer

Not on the strength of this excerpt. It supports the annual rent and term, but it does not state the rent-free period. Record that field as “not stated in the supplied excerpt” and check the relevant lease material before using a number. An empty source field is not evidence of zero.

Missing is not zero.
SOURCE EXCERPT

“Annual rent: £180,000.
Lease term: five years.”

Annual rent£180,000Stated
Lease termFive yearsStated
Rent-free monthsNot statedNeeds checking

A source gap needs checking. Never silently fill it with zero.

Work through it

  1. Require each extracted value to carry a supporting excerpt or a clear “not stated” flag.
  2. Keep directly stated facts separate from derived figures and unresolved fields.
  3. Review the relevant source material and resolve the gap with the responsible person before using the assumption. A citation still needs checking against its source.
The example, made concrete
Requested fieldSupported outputStatus
Annual rent£180,000Stated
Lease termFive yearsStated
Rent-free monthsNot stated in supplied excerptNeeds checking

A fictional extraction exercise, not a lease interpretation or a claim about a particular AI provider.

WHAT YOU CAN DO NOW

You can prevent an unsupported AI answer from silently becoming a model assumption.

Does asking for citations solve this?

It improves traceability, but does not guarantee correctness. Open the cited material and confirm that it supports the field and the value being used.

Authored follow-up · No question credit used
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