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Provided by: Lorman Education Services Basic Commercial Leases |
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8:00 am - 8:30 am Registration
8:30 am - 8:40 am Overview
- Craig Ingber, Esq.
8:40 am - 10:10 am The Nuts and Bolts of Commercial Leases
- Craig Ingber, Esq.
- Brokerage Issues
- Use Clauses
- Space Measurement
- Urban Issues
10:10 am - 10:20 am Break
10:20 am - 12:00 pm Key Issues in Lease Negotiations
- Jeffrey A. Moerdler, Esq.
- Negotiating Leverage
- Contents of the Term Sheet or Letter of Intent
- Assembling the Team
- Alterations Issues
- Landlord Services
- Telecommunications, Back up Generators and Other Specialized Equipment
- Security Deposits
- Nondisturbance Agreements
- Tenant Default Provisions and Landlord Remedies
- Landlord Defaults and Tenant Remedies
- End of Lease and Restoration
- Renewal, Expansion, Contraction, and Termination Options and Rights of First Refusal
12:00 pm -12:15 pm Questions and Answers
- Craig Ingber, Esq., and Jeffrey A. Moerdler, Esq.
12:15 pm - 1:15 pm Lunch (On Your Own)
1:15 pm - 2:15 pm Assignment and Subletting
- Jacob Bart, Esq.
- What Do Landlords and Tenants Want?
- What Do They Really Need?
2:15 pm - 3:20 pm Insurance Clauses
- Rubin Alspector, CPCU
- Insurance Implications of the Indemnity, Rent Abatement and Other Clauses
- Landlord and Tenant Perspectives
- Rent Abatement Clauses
3:20 pm - 3:30 pm Break
3:30 pm - 4:15 pm The New York Commercial Market
- James S. Saunders, Esq.
- Historical Conditions
- Current State of the Market
- Trending Future Market Conditions
4:15 pm - 4:30 pm Questions and Answers
- Rubin Alspector, CPCU, Jacob Bart, Esq., and
James S. Saunders, Esq.
