The last version is the one that counts
Negotiation happens over several drafts. The version that matters is the one that gets signed, and it is often produced by the other side's system from their own template. Comparing it against the last draft you agreed is the only way to be sure the agreed terms are the terms you are signing.
What to compare
- Rent, escalation and the dates they apply from.
- Term, renewal options and notice periods.
- Deposit, fees and what they can be applied to.
- Maintenance, repair and alteration clauses.
- Schedules: the property description, fixtures list and any plans with text.
How long it takes
A thirty-page lease compares in a few seconds. The change list shows each altered clause with its page number in both versions and the old and new text. An unchanged execution copy produces an empty list, which is the answer you want.
For property managers
Managers who process many leases a month can use the API to compare every execution copy against its draft automatically and route any document with changes to a person. The Real Estate industry page covers sale agreements and builder-buyer agreements as well.
Try it on your own documents. Upload two versions on the homepage. Documents up to 30 pages need no account, and nothing is stored.
Industry page: PDF comparison for real estate and property