- videocam On-Demand
- signal_cellular_alt Intermediate
- card_travel Real Property - Transactions
- schedule 90 minutes
Reciprocal Easement Agreements for Retail and Mixed-Use Project Development: Structuring and Amending REAs
Protecting Rights and Minimizing Risk for Developers, Retailers, and Other Project Constituents
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Description
REAs for retail and mixed-use projects create complicated contractual rights and obligations that impact the developer's, owner's, and retailer's ability to own, use, manage, sell, and finance property. Counsel must avoid pitfalls and conflicts to minimize disputes and operational problems when drafting or amending REAs.
Common elements of the agreements address critical business issues such as access, construction, shared parking, signage, and maintenance obligations. Other crucial terms include the process for amending the REA agreement and protection for the parties' lenders.
Retail development is transforming with the increase in demand for mixed-use projects and developers seeking opportunities to reconfigure obsolete space or rejuvenate older malls. This often requires updating and amending existing REAs or creating new ones.
Listen as our authoritative panel provides practitioners with a clear understanding of how to draft REAs for retail projects, avoid common drafting pitfalls, and amend existing documents.
Presented By
Mr. Diamant is a Partner in the real estate practice group who focuses on leasing, acquisition/disposition, development, real estate partnership formation and financing work for a wide variety of assets. With an unsurpassed understanding of the market and his clients’ business strategies, he gets involved at the earliest stages of deal structuring and demonstrates the know-how necessary to assemble the best team for each client’s project. With over 25 years of experience in the industry, Mr. Diamant is more than legal counsel, he is a trusted advisor offering valuable insight on business decisions, legal matters and strategic issues.
Ms. Spendlove is on the Board of Directors of Dentons Durham Jones Pinegar and practices in the Real Estate Section, the Business & Finance Section, and the Intellectual Property Section. She represents buyers and sellers in purchasing, selling, leasing, and developing commercial real estate; advises startups and established entities in creating, buying, selling, merging, and maintaining partnerships, limited liability companies, and corporations, as well as entering into a wide range of business contracts. She also handles intellectual property issues such as trademarks and copyrights.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Live Online
On Demand
Date + Time
- event
Thursday, May 8, 2025
- schedule
1:00 p.m. ET./10:00 a.m. PT
Outline
- Standard REA provisions
- Easements
- Maintenance and repair of common areas
- Alterations and building restrictions
- Covenants and use restrictions
- Operational and practical issues
- Parking
- Costs for maintenance and operation
- Developer rights
- Site plans
- Litigation issues
- Big box/anchor tenant issues
- Signage
- Bankruptcy
- REA redevelopment issues
- Amendments
- Easements and "cross-shopping"
- Use restrictions
Benefits
The panel will review these and other crucial issues:
- The fundamental components of REAs for retail development and mixed-use developments
- Costly drafting errors that counsel most commonly make when drafting REAs
- How to draft, analyze, interpret, and amend existing REAs
Unlimited access to premium CLE courses:
- Annual access
- Available live and on-demand
- Best for attorneys and legal professionals
Unlimited access to premium CPE courses.:
- Annual access
- Available live and on-demand
- Best for CPAs and tax professionals
Unlimited access to premium CLE, CPE, Professional Skills and Practice-Ready courses.:
- Annual access
- Available live and on-demand
- Best for legal, accounting, and tax professionals
Unlimited access to Professional Skills and Practice-Ready courses:
- Annual access
- Available on-demand
- Best for new attorneys
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