Negotiating & Drafting Office & Retail Leases
Similarities, differences, issues and negotiated solutions in the current environment
- Product Number: 2220205P01
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CLE Credits, earn up to:
4 substantive credits, 0 ethics credits CLE Credit Note - Print Brochure
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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. 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
eLecture Add to Cart -
1:10 - 1:25 pm
Letters of Intent
eLecture 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
eLecture Add to Cart -
1:45 - 2:05 pm
Use Issues
eLecture Add to CartUse of the Premises; Exclusive Use and Radius Provisions; Continuous Operation and Kickout Clauses; Hours of Operation -
2:05 - 2:20 pm
Anchor Tenants; Cotenancy; Grand Openings; Slack Seasons
eLecture Add to Cart -
2:20 - 2:40 pm
Methods of Calculating Rent
eLecture 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
Responsibility for Real Estate Taxes and Operating Expenses/Common Area Maintenance
eLecture 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
eLecture 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
Repair and Maintenance Responsibilities of Landlord and Tenant; Yield-up Provisions
eLecture Add to Cart -
3:45 - 4:00 pm
Rights and Obligations in Public Common Areas, Parking, Access, Visibility, Signage, and Expansion
eLecture Add to Cart -
4:00 - 4:20 pm
Default Provisions—Tenant and Landlord; Liquidated Damages; Self-Help in Light of Recent Massachusetts Decisions
eLecture Add to Cart -
4:20 - 4:40 pm
Assignment and Sublet Provisions
eLecture Add to Cart -
4:40 - 5:00 pm
SNDAs, Recognition Agreements, REAs, CCRs and Condominium Declarations
eLecture Add to Cart
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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