Creating thorough and organized contracts can be a difficult and time-consuming task in the complicated environment of real estate transactions. But now that ChatGPT is on board, the procedure is streamlined, successful, and easy to understand. Real estate agents can easily create contract frameworks for a variety of situations, including co-ownership agreements, commercial leases, and residential sales, by utilizing ChatGPT's features.
Here are prompts for references;

  1. Create a formal framework for a retail-specific commercial lease agreement. Add clauses about the duration of the lease, rent increases, and tenant improvement obligations.
  2. Help create a framework for a real estate contract for the leasing of agricultural land. Add sections about the duration of the lease, the amount of the rent, and any conditions unique to agricultural use.
  3. Help in drafting a residential property management lease's real estate contract framework. Add sections about the upkeep of the property, the length of the lease, and the duties of the property manager and landlord.

Here is the link generated by ChatGPT;