Drafting Commercial Real Estate Leases: The Ins and Outs of Protecting Your Interests Training Class

Course ID: 12906

Drafting Commercial Real Estate Leases: The Ins and Outs of Protecting Your Interests Training Seminar

Protect Your Interests With Thorough, Detailed Leases

For a property manager or business owner, negotiating and drafting a commercial real estate lease can be daunting. Knowing the key provisions of a commercial real estate lease and how to effectively negotiate terms will allow you to enter into a beneficial contract in order to avoid potential problems.

Our seasoned faculty will provide you with the skills you need to be a detail-conscious drafter of commercial real estate leases. In just one day, you'll learn everything you need to know about drafting the different types of leases. Include important provisions so you don't leave yourself open to liability. Protect yourself, financially, by using various credit enhancements. Cover all the important operational issues, so you can ensure the property is properly taken care of. Establish risk management procedures, exit plans and default strategies and minimize the impact on you and your business. Take a look at the documents you'll need to be familiar with and address some of the less common issues that may arise. Don't miss this chance to update your knowledge.

Knowledgeably draft industrial, office, retail and ground leases.
Get insider's tips on drafting options and how to properly structure leases in your favor.
Address important issues like expansion and contraction options, as well as extension and renewal rights.
Clearly detail the scope of exclusive and prohibited use, to minimize misunderstandings down the road.
Know the remedies available if a default occurs.


	Agenda
	INTRODUCTION TO DRAFTING COMMERCIAL LEASES 9:00 - 9:40 Types of Leases Drafting Process Commercial Lease Checklist BASIC LEASE PROVISIONS 9:40 - 10:20 Description of Premises Expansion and Contraction Options The Term of the Lease Extension and Renewal Rights Rent Operating Expenses, Pass Throughs, CAMs and Taxes DOCUMENTS COMMONLY ASSOCIATED WITH THE LEASING PROCESS 10:35 - 11:15 Estoppel Certificates Short Form or Memorandum of Lease Subordination, Nondisturbance and Attornment Agreements (SNDA) Lease Amendment CREDIT ENHANCEMENTS AND FORMS OF SECURITY 11:15 - 12:00 Security Deposits Letter of Credit Guaranty of Contract Lease Bond OPERATIONAL ISSUES TO INCLUDE IN YOUR LEASE 1:00 - 1:40 Use, Exclusive Uses and Prohibited Uses Alterations to Leased Premises Repair Obligations Compliance With Federal, State and Local Laws Surrender of Property RISK MANAGEMENT 1:40 - 2:20 Insurance Indemnity and Exculpation Clauses Casualty Hazardous Materials LEASE EXIT STRATEGIES 2:35 - 3:15 Subleases Assignment of Lease Termination Rights DEFAULT OF LEASE CONTRACT 3:15 - 3:50 Tenant Default and Landlord Remedies Landlord Default and Tenant Remedies OTHER ISSUES 3:50 - 4:30 Construction Provisions (Including ADA Issues) Brokerage Considerations Quiet Enjoyment Boilerplate Provisions

Audience

This intermediate level seminar is designed specifically for property owners and managers, landlords, real estate agents, brokers and developers, and commercial tenants who wish to successfully negotiate commercial leases. Attorneys, and their paralegals, representing commercial tenants and landlords will also benefit from this skill-based seminar.