SESSION 1 — 34 mins, credit 0.50
Specific Procedures for Commercial Leases to Avoid Late-Term Disagreements (Dec 2017)
Many commercial leases and letters of intent have provisions which afford specific rights or obligations to one party or the other, such as a tenant’s restoration requirements, rights to expand, contract, or terminate. Often, the individuals drafting the lease neglect to include specific procedures to quantify, or otherwise address, items that may be unknown at the time of the drafting or the time of lease execution. Identify the points in commercial leases that often are inadequately addressed and can result in disagreements between landlords and tenants, and hear potential solutions to each issue, including examples of verbiage and/or mathematical computations.
Originally presented at: Nov 2017 Leasing Institute