Commercial Office and Retail Leases: Tenant and Landlord Considerations, Key Provisions

This CLE webinar will prepare counsel for commercial tenants and landlords for leasing issues unique to office and retail leases and best practices to protect clients' interests. The panel will examine and compare office and retail leasing transactions and identify their key similarities and essential differences. The panel will also offer best practices for drafting key provisions.

Office and retail leases are among the most common forms of commercial real estate transactions, and both require a broad understanding of lease law. Although there is a substantial overlap between office and retail leases, there are also many material differences. These differences can be subtle, and the concepts are unique and significant enough to warrant careful review and consideration by savvy counsel.

Key issues include permitted use provisions, rights to rent abatement and termination, force majeure provisions, assignment and subletting terms, default and remedy provisions, and tenant and landlord obligations concerning operating expenses, maintenance and repairs, services and access, and indemnity provisions. Careful and precise drafting of these provisions is critical to avoiding or resolving potential disputes and protecting clients' interests.

Listen as our authoritative panel of real estate practitioners provides crucial insights for counsel in drafting and negotiating office and retail leases.