Negotiating and Drafting Trouble-Free Commercial Real Estate Leases in Washington Training Class

Course ID: 16782

Negotiating and Drafting Trouble-Free Commercial Real Estate Leases in Washington 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. The results can help or hinder your business for years to come. 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. Recognize potential irregularities by knowing how the lease should be structured. Identify crucial provisions that should be included in a good commercial real estate lease. Avoid running afoul of the law with a thorough understanding of the legal concepts involved with leasing. Master the art of commercial lease creation with the skills you'll learn at this timely seminar.

Become an effective negotiator in order to properly protect your interests.
Ably prepare estoppel certificates and letters of credit.
Know what your options are when addressing lease defaults.
Don't make assumptions: learn how to properly handle environmental and repair, maintenance and replacement issues.


	Agenda
	LEASE NEGOTIATIONS Mike Garner, 9:00 - 9:45 Letters of Intent Enforceability of Letters of Intent Good Faith and Fair Dealing in Lease Transactions The Duty of Reasonableness Minimum Requirements for an Enforceable Lease DRAFTING BASIC LEASE PROVISIONS Michael A. Nesteroff and Jane Rakay Nelson, 9:45 - 10:45 Defining the Lease Term Options to Renew/Terminate Payment Structure Base Rent CPI and Other Escalator Clauses Utilities, Taxes and Insurance Operating Expenses ("CAM" Charges) Rent Commencement Date Base Year Adjustments Casualty Insurance; Subrogation TROUBLESOME PROVISIONS Mike Garner, 11:00 - 12:00 Tenant Improvements Repair, Maintenance and Replacement Issues Pass Through of Taxes, Insurance and Operating Expenses Casualties, Insurance and Condemnation Use Limitations; Assignment and Subletting Environmental Issues FINANCING ISSUES Michael A. Nesteroff and Jane Rakay Nelson, 1:00 - 2:30 Lease Guaranties Security Deposits Letters of Credit Estoppel Certificates Subordination, Nondisturbance and Attornment Agreements DEFAULT ISSUES AND REMEDIAL ACTIONS Michael A. Nesteroff and Jane Rakay Nelson, 2:45 - 4:30 Tenant's Failure to Pay Rent and Other Expenses Tenant's Non-Financial Defaults Tenant's Opportunity to Cure Defaults Landlord's Remedies Unlawful Detainer Resolution/Arbitration of Other Issues Landlord's Default and Tenant's Remedies


	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 - who work with commercial tenants and landlords will also benefit from this skill-based seminar.