Negotiating & Drafting Office & Retail Leases
Similarities, differences, issues and negotiated solutions
- Product Number: 2170231WBC
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CLE Credits, earn up to:
4 substantive credits, 0 ethics credits CLE Credit Note -
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Product Description
Product Description
Office and retail leases are among the most common forms of commercial lease transactions and both require a broad knowledge of basic lease law. Although there is substantial overlap between them in the issues to raise and resolve, there are also many crucial differences. The experienced panelists examine and compare office and retail leasing transactions, and identify their key similarities, as well as important differences. The faculty also analyze how in recent years, retail leasing has been affected by the Internet and e-commerce, and office leasing has been influenced by the demands and desires of Millenials in the work force. This program is essential to those developing a leasing practice, as well as to more experienced practitioners seeking to refresh their memory and sharpen their office and retail lease negotiating skills.
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Agenda
Agenda & Materials
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9:00 - 9:10 a.m.
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9:10 - 9:25 a.m.
Letters of Intent: Content, Relative Importance in Retail and Office Situations, Dealing with National Retail Tenants
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9:25 - 9:45 a.m.
Build Out of Leased Premises and Determination of Commencement Date
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9:45 - 10:05 a.m.
Use of the Premises, Exclusive Use and Radius Provisions, Continuous Operation and Kickout Clauses, Hours of Operation
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10:05 - 10:20 a.m.
Anchor Tenants, Cotenancy, Grand Openings, Slack Seasons
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10:20 - 10:40 a.m.
Methods of Calculating Rent: Per Square Foot vs. Percentage of Sales, Rentable vs. Usable Square Feet, Break Points, Reporting Requirements, Inclusions and Exclusions, Internet/Catalog Sales
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10:40 - 11:00 a.m.
Responsibility for Real Estate Taxes and Operating Expenses/CAM, Increase Over a Base Year vs. First Dollar, Gross Ups, Landlord Statements and Tenant Right to Audit, Annual Percentage or Cost of Living Increase as Alternatives to Landlord Statement
on demand video Add to CartEdward M. Bloom, Esq., , Wayland
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11:00 - 11:10 a.m.
Networking and Refreshment Break
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11:10 - 11:25 a.m.
HVAC and Utilities for the Leased Premises, Direct Payment to Provider by Tenant vs. Payment by Landlord and Inclusion in Operating Costs
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11:25 - 11:45 a.m.
Repair and Maintenance Responsibilities of Landlord and Tenant; Yield-up Provisions
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11:45 - 12:00 p.m.
Rights and Obligations in Public Common Areas, Parking, Access, Visibility, Signage, and Expansion
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12:00 - 12:20 p.m.
Default Provisions—Tenant and Landlord, Liquidated Damages, Self-Help in Light of Recent Massachusetts Decisions
on demand video Add to CartEdward M. Bloom, Esq., , Wayland
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12:20 - 12:40 p.m.
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12:40 - 1:00 p.m.
SNDAs and Recognition Agreements
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Special Program Materials:
Please Note
MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
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