What information does CaseMark need to draft a site selection addendum?
CaseMark primarily needs the underlying agreement (lease, purchase agreement, or franchise agreement) that the addendum will modify. The AI analyzes this document to extract party names, defined terms, and relevant provisions to ensure consistency. Optional documents like prior correspondence about site requirements or business needs help tailor the selection criteria, but CaseMark can generate a comprehensive addendum with just the base agreement.
How does CaseMark ensure the addendum is consistent with my original agreement?
CaseMark uses advanced document analysis to extract exact party names, entity types, defined terms, and formatting conventions from your underlying agreement. The AI maintains absolute consistency by using identical terminology, mirroring structural approaches, and properly referencing the original agreement's execution date and title. This eliminates the risk of inconsistencies that could create enforcement issues or ambiguity.
Can I customize the site selection criteria for my specific transaction?
Absolutely. While CaseMark generates comprehensive default criteria covering geographic boundaries, square footage, physical characteristics, zoning, and accessibility requirements, you can easily modify any provision to match your client's specific needs. The AI provides a sophisticated starting point that addresses all critical elements, which you can then tailor based on the particular business requirements, market conditions, or strategic considerations of your transaction.
Does the addendum include provisions for due diligence and contingencies?
Yes, CaseMark automatically generates detailed conditions precedent covering environmental assessments, property condition inspections, surveys, title examination, financing contingencies, and governmental approvals. Each condition includes specific deadlines, responsibility allocation, and consequences for non-satisfaction. The AI structures these provisions to protect your client's interests while providing clear guidance on the due diligence process and exit rights if conditions cannot be met.
Is the site selection addendum suitable for both lease and purchase transactions?
Yes, CaseMark adapts the addendum to your specific transaction type based on the underlying agreement you upload. Whether you're working on a commercial lease, real estate purchase agreement, franchise agreement, or other transactional document, the AI tailors the provisions, economic terms, and conditions to match the transaction structure while maintaining comprehensive coverage of all site selection issues.