Negotiating & Drafting Office & Retail Leases
Similarities, differences, issues and negotiated solutions in the current environment
- Product Number: 2230128P01
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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. The experienced panelists examine and compare office and retail leasing transactions, and identify their key similarities, as well as important differences. The panelists also address the increasing frequency of, and unique considerations inherent in, mixed use centers featuring co-existing residential and/or recreational uses.
This program is essential to those developing a leasing practice, as well as to experienced practitioners seeking to sharpen their leasing skills.
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Agenda
Agenda & Materials
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1:00 - 1:10 pm
Welcome and Introduction
on demand video Add to Cart -
1:10 - 1:25 pm
Leasing: Letters of Intent
on demand video Add to CartContent; Relative Importance in Retail and Office Situations; Dealing with National Retail Tenants -
1:25 - 1:45 pm
Build Out of Leased Premises and Determination of Commencement Date
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1:45 - 2:05 pm
Leasing: Use Issues
on demand video Add to CartUse of the Premises; Exclusive Use and Radius Provisions; Continuous Operation and Kickout Clauses; Hours of Operation -
2:05 - 2:20 pm
Leasing: Anchor Tenants; Cotenancy; Grand Openings; Slack Seasons
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2:20 - 2:40 pm
Leasing: Methods of Calculating Rent
on demand video Add to CartRentable v. Usable Square Feet; Percentage Rent Including Break Points, Reporting Requirements, Inclusions and Exclusions, Internet/Catalog SalesMichael Holiday, Esq., Holiday Law Firm, PC , Wellesley
Jennifer Ioli Connelly, Esq., Sherin and Lodgen LLP , Boston
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2:40 - 3:00 pm
Leasing: Responsibility for Real Estate Taxes and Operating Expenses/Common Area Maintenance
on demand video Add to CartIncrease Over a Base Year v. First Dollar; Gross Ups; Landlord Statements and Tenant Right to Audit; Annual Percentage or Cost of Living Increase as Alternatives to Landlord Statement -
3:00 - 3:10 pm
Break
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3:10 - 3:25 pm
HVAC and Utilities for the Leased Premises
on demand video Add to CartDirect Payment to Provider by Tenant v. Payment by Landlord and Inclusion in Operating Costs; Repair and Maintenance Responsibilities -
3:25 - 3:45 pm
Leasing: Repair and Maintenance Responsibilities of Landlord and Tenant; Yield-up Provisions
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3:45 - 4:00 pm
Leasing: Rights and Obligations in Public Common Areas, Parking, Access, Visibility, Signage, and Expansion
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4:00 - 4:20 pm
Leasing: Default Provisions—Tenant and Landlord; Liquidated Damages; Self-Help in Light of Recent Massachusetts Decisions
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4:20 - 4:40 pm
Leasing: Assignment and Sublet Provisions
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4:40 - 5:00 pm
Leasing: SNDAs, Recognition Agreements, REAs, CCRs and Condominium Declarations
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- Faculty