Real estate

Document AI for real estate. Closings and portfolios, structured.

A residential closing runs 50–200 documents; a commercial closing can clear 500. Title commitments arrive with Schedule B exceptions in narrative form, and property managers carry lease portfolios that don't fit in a spreadsheet. Cogneris structures every document the moment it lands — closing packages, deeds, title work, appraisals, and leases — with MISMO-aligned output and an audit trail your underwriters and counsel can defend.

The challenge

Real-estate documents are long, state-specific, and arrive in narrative form.

Closing package complexity

A residential closing packet runs 50–200 pages; commercial closings can exceed 500. Each page extracted manually delays funding and creates a backlog at month-end when volume spikes.

Title exception clearing

Title commitments arrive with Schedule B exceptions in narrative form. Each exception — lien, easement, judgment, encumbrance — requires manual research before clearing-to-close, and the cure pathway varies by state.

Lease portfolio at scale

Property managers and REITs hold thousands of leases with abstracted dates, escalations, renewal options, and CAM/expense recoveries. Spreadsheet abstraction breaks under audit and can't keep up with portfolio churn.

How Cogneris helps

Closings and portfolios, structured. MISMO-aligned out of the box.

Cogneris extracts the full real-estate document stack — closing packages, title commitments, deeds, mortgages, appraisals, inspections, and leases — with state-aware conveyance parsing, Schedule B exception decomposition, and portfolio-grade lease abstraction.

  • Closing document indexing — TRID-required disclosures, the deed, mortgage, title commitment, survey, and appraisal indexed as a unified closing package with hyperlinked field-to-source navigation for clearing-to-close.
  • Title commitment exception parsing — Schedule B exceptions extracted to structured records — lien type, holder, instrument number, recording date, dollar amount — so cure workflow can be automated.
  • Lease abstraction — commercial and residential leases abstracted to key dates, base rent, escalations, options, CAM provisions, and tenant covenants — MISMO and OSCRE-aligned output.
  • Appraisal & inspection extraction — comp grids, property characteristics, condition ratings, and inspection findings extracted to underwriting-ready records with photo references preserved.
Title commitment — extraction result
property_address1247 Oak Avenue, Austin TX 78704
legal_description✓ matched to county records
title_amountUS$ 685,000
vested_ownerJ. & M. Riverton, husband & wife
schedule_b_exceptions7 detected
pending_taxesUS$ 4,820, due 2026-01-31
existing_mortgageWells Fargo, instrument #2024-184772
requirements_to_clear3 — payoff, release, HOA estoppel
Extracted in 5.2s · field-level confidence 99.1%
99.1%
Field-level accuracy on title commitments & closing docs
<5s
Per-page extraction on closing packages
MISMO
v3.5/v3.6 reference data alignment
50+
Document types out of the box
Real-estate specifics

Built for the documents that drive funding and tenancy.

Real-estate documents arrive in every imaginable shape — purchase agreements, warranty and quitclaim deeds, ALTA settlement statements, Closing Disclosures, title commitments with narrative Schedule B exceptions, surveys, appraisals, inspection reports, HOA bylaws, and lease portfolios that span thousands of properties. Cogneris's real-estate configuration handles the full stack: every document parsed, every exception extracted, every field tracked through the audit trail.

Closing Disclosure parsing

TILA-RESPA-compliant 5-page CD parsed to line-item granularity with loan estimate reconciliation flags surfaced against TRID tolerance thresholds.

Title exception research

Lien, judgment, easement, and CC&R exceptions extracted with cure pathways suggested per state convention, so clearing-to-close moves on a single dashboard.

Lease abstraction at scale

Hundreds of leases processed in parallel, with portfolio-level reporting on rent roll, escalations, and option windows — ready for audit or acquisition diligence.

HOA document indexing

CC&Rs, bylaws, budgets, and reserve studies extracted for HOA estoppels and condo questionnaires (Fannie/Freddie eligibility under Form 1076/1077).

Title, LOS & property-management integrations

Lives where your closing and portfolio systems already run.

Cogneris integrates with the major title, loan origination, and property-management platforms through published APIs and MISMO data exchanges — so extracted closing-package, appraisal, and lease data flows directly into the systems of record without an intermediate data-entry step.

  • Qualia & SoftPro — title and closing platforms ingest extracted closing-package data via published APIs with full document lineage preserved.
  • Encompass & Blue Sage — loan origination systems receive parsed appraisal, title, and inspection data on every loan file.
  • Yardi, MRI & AppFolio — property management platforms — leases, rent rolls, and HOA documents abstracted into the system of record.
  • DocuSign & Notarize — signed closing documents flow back through Cogneris for archive-ready indexing with e-signature provenance tracked.
  • MISMO data exchanges — output conforms to MISMO v3.5/v3.6 schemas for lender-to-investor data delivery.
Documents we extract

The document types behind every closing and underwriting decision.

Closing packages run hundreds of pages — title commitments, deeds, appraisals, ALTA statements, and underlying contracts. Cogneris parses each into structured fields with full provenance.

For category context, see the IDP buyer's guide, the 2026 State of Document AI report, or estimate ROI at your volume.

  • Contract extraction — purchase agreements, leases, and assignment contracts with parties, term, consideration, contingencies, and governing law extracted to a clean object.
  • Bank statement extraction — 2- to 3-month statements for cash-flow proof of funds, with transactions, balances, and reserve calculations for underwriting.
  • KYC document extraction — government IDs, proof of address, and beneficial-ownership documents for CIP/CDD on every party to a closing.
FAQ

Common questions.

Does Cogneris handle state-specific deed and title variations?
Yes — all 50 states plus DC are supported, with state-specific deed conventions recognized out of the box: warranty deeds, grant deeds, quitclaim deeds, bargain-and-sale deeds, sheriff's deeds, and trustee's deeds. Conveyance language, vesting variations (joint tenancy, tenancy by the entirety, community property), and state-specific recording requirements are parsed to structured form. Schedule B exception phrasing differs between underwriters and states — we normalize the output regardless of the source convention.
How accurate is closing document extraction?
Field-level accuracy on closing documents runs at 99.1% across the standard closing-package bundle (CD, deed, mortgage, title commitment, survey, appraisal). Confidence is reported per field, not per document, so reviewers can route only the low-confidence fields for human verification. The CD-to-loan-estimate reconciliation is run on every closing with TRID tolerance thresholds applied automatically.
Can Cogneris parse commercial leases at scale?
Yes. Commercial leases up to 200+ pages are supported with table-aware parsing for rent schedules, escalation tables, CAM reconciliation exhibits, and option grids. Portfolios of hundreds to thousands of leases are processed in parallel; abstracted output covers key dates, base rent, escalations, options, CAM provisions, tenant covenants, and amendments. Output aligns with OSCRE and MISMO commercial-lease reference data.
Is Cogneris MISMO-compliant?
Extracted data conforms to MISMO v3.5 and v3.6 reference schemas, so output flows directly into lender-to-investor data deliveries and secondary-market data exchanges. ULDD (Uniform Loan Delivery Dataset) field mappings are supported for Fannie Mae and Freddie Mac delivery. We track MISMO schema versions and publish update notes when reference data changes.
What about HOA document processing for Fannie/Freddie eligibility?
Cogneris extracts CC&Rs, bylaws, budgets, reserve studies, and HOA estoppel certificates to structured form. The condo project questionnaires — Fannie Mae Form 1076 (full review) and Form 1077 (limited review) — are supported, including the litigation, insurance, and reserve-fund attestations. HOA financials are parsed against project-eligibility criteria so underwriting can flag ineligible projects before lock.
How does Cogneris integrate with our title or LOS platform?
Published integrations are available for Qualia and SoftPro on the title and closing side, and Encompass and Blue Sage on the loan origination side. Property management platforms — Yardi, MRI, AppFolio — receive abstracted lease and rent-roll data. Where no published connector exists, the REST API and webhooks plug into any system that can consume MISMO-aligned JSON or XML.
Real-estate evaluation

Send us a sample closing package or 25 leases. We'll show you what comes out.

Send us a sample closing package or 25 leases. We'll run them through Cogneris and return a structured-extraction report with field-level accuracy and time per document. No commitment.

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