BarbriSFCourseDetails

Course Details

This CLE webinar will provide an introduction to negotiating and drafting commercial leases. The panel will provide pre-drafting considerations, such as selecting the proper lease structure. The panel will then address what provisions should be included in a commercial lease, why those provisions are important, and how the terms may differ based on the priorities of the landlord or tenant.

Faculty

Description

Commercial leases are complex documents that outline the terms and conditions between a landlord and tenant and have serious implications if a dispute were to arise. Therefore, creating a commercial lease requires more than simply using a template with boilerplate language and plugging in certain client information.

Counsel should understand pre-drafting considerations, such as the lease structure that is best for their client and that will dictate certain terms. Counsel should also know what provisions should be included in a commercial lease and how to customize those provisions to best protect their clients' interests.

Listen as our expert panel guides counsel through commercial lease basics, from pre-drafting considerations through the negotiation and drafting of necessary lease terms. The panel will also address how the terms may vary based on the priorities of the landlord or the tenant.

Outline

  1. Pre-drafting considerations
  2. Key commercial lease provisions
    • Parties
    • Property description
    • Use clause
    • Term of the lease
    • Rental payments
    • Maintenance
    • Improvements or repairs
    • Subletting or assignment
    • Dispute resolution
    • Others
  3. Paying attention to "boilerplate" terms
  4. Practitioner takeaways

Benefits

The panel will discuss these and other key considerations:

  • What are pre-drafting issues that counsel should consider and how do these affect the terms of the lease?
  • What provisions are required for commercial leases?
  • What are the dangers of using boilerplate clauses?
  • How do terms differ based on whether the client is the landlord or the tenant?