| |
GROUND LEASE BASICS
9:00 - 10:15, Lawrence S. Glosser.
- Function of a Ground Lease
- Big Picture Differences Between Ground Leases and Other Leases
- Advantages and Disadvantages for the Lessor and Tenant
- Parties Involved in Negotiations
- Current Trends in Ground Leasing
- Due Diligence: Knowing When a Ground Lease is the Right Choice
- Due Diligence Tactics for the Sublessee
STRATEGIC GROUND LEASE FINANCING
10:30 - 11:45, Lawrence S. Glosser.
- Basic Requirements and Rights
- Financing Strategies: Liability and Non-Recourse Debt
- Subordination Issues
- Encumbrances
- Early Termination, Default and Bankruptcy Safeguards
CO-LOCATION LEASES
12:45 - 1:45, Romona L. Monroe.
- When are Co-Location Leases Beneficial?
- Lease Structure and Key Provisions
- Significant Access, Security and Operational Issues to Look Out For in Negotiations
CRUCIAL COMPONENTS OF THE LEASE
1:45 - 3:00, Michael A. Nesteroff.
- Defining the Premises
- Determining the Term and Options
- Title Insurance Coverage
- Provisions for Rent, Equity Sharing and Adjustments
- Construction, Maintenance and Improvements
- Limitations of Use
- Assignment and Subletting Conditions
- Flexibility and Key Provisions to Prevent Future Disputes
- Surrender of Leased Premises and Improvements
- Drafting Examples and Guidelines
- Sample Documents Associated With the Lease
SPECIAL LEASE CONSIDERATIONS
3:15 - 4:30, Michael A. Nesteroff.
- Special Considerations for Cell Tower and Outdoor Advertising Ground Leases
- Credit Tenant Leases and "Come Hell or High Water" Lease Provisions
- Creative Ground Lease Strategies
- How Lease Structure Affects Real Estate Transfer Taxes
- Ownership of Mineral Rights Under a Ground Lease
|
|