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Provided by: Lorman Education Services Environmental Issues in Commercial Leases |
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Training
Provided by Lorman Education Services
Benefits
Environmental issues impact myriad provisions in a commercial lease and can have not only a material legal effect, but a material economic effect on the rights, duties and risk allocation between the landlord and the tenant. From pre-delivery site and building assessment to operational risks, insurance and indemnification obligations to premises surrender, restoration and abatement, the proper treatment of environmental issues - whether in a ground, industrial, office or retail lease - can make or break the transaction.
Whether you are a landlord, tenant, property manager, attorney, environmental consultant, contractor or other participant in the commercial leasing or environmental fields, this frank and practical teleconference will help you identify the hidden pitfalls in the treatment of environmental issues in commercial leases to help you avoid toxic problems in your next commercial lease transaction.
Related Awards, Degrees or Certifications: ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may
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Environmental Issues in Commercial Leases
<b>Agenda</b><br /><br /><ol type="I">
<li>Environmental Law Statutory Framework</li>
<ol type="A">
<li>Federal Law</li>
<ol type="1">
<li>CERCLA, SARA - Owners and Operator Liability</li>
<li>RCRA - Part of Tenant Compliance Requirements</li>
</ol>
<li>State Law</li>
<ol type="1">
<li>Statutory and Common Law</li>
<li>Disclosure Obligations</li>
<li>Postings and Warnings</li>
</ol>
</ol>
<li>Recent Industry Practices</li>
<ol type="A">
<li>ASTM and All-Appropriate Inquiry</li>
<li>Mold Inspections</li>
<li>Indoor Air Quality - Vapor Intrusion and Sick Building Syndrome</li>
<li>Green Leases - Compliance With LEEDŽ Rating Systems</li>
</ol>
<li>Commercial Lease Types - Differing Treatment of Environmental Issues</li>
<ol type="A">
<li>Ground Leases</li>
<li>Industrial Leases</li>
<li>Office Leases</li>
<li>Retail Leases</li>
<li>Single Tenant Properties vs. Multitenant Properties</li>
<li>Specialty User Issues</li>
</ol>
<li>Market Dynamics - Impact on Lease Negotiations</li>
<li>Pre-Lease Diligence</li>
<ol type="A">
<li>Landlord Diligence</li>
<ol type="1">
<li>Tenant Financial Strength Analysis</li>
<li>Tenant Use Concerns</li>
<li>Tenant Operating History</li>
</ol>
<li>Tenant Diligence</li>
<ol type="1">
<li>Phase I Site Assessment - Property Type</li>
<li>Phase II Site Assessment - Property Type</li>
<li>Indoor Air Sampling</li>
<li>Asbestos Survey</li>
<li>Mold Inspection</li>
<li>Consultant Retention</li>
<li>Landlord Concerns Regarding Tenant Inspections and Testing</li>
</ol>
</ol>
<li>Lease Provisions</li>
<ol type="A">
<li>Representations and Warranties Regarding Environmental</li>
<ol type="1">
<li>Landlord Reps and Warranties Regarding Environmental Conditions</li>
<li>Tenant Reps and Warranties Regarding Operations as to Environmental Use</li>
</ol>
<li>Building and Tenant Improvement Construction Issues</li>
<ol type="1">
<li>Landlord Pre-Delivery Obligations Regarding Environmental Condition</li>
<li>Delivery Condition Requirements as to Environmental Condition</li>
<div style="margin-left: 0.9in; ">a. Condition of Premises</div><div style="margin-left: 0.9in; ">b. AS-IS Provisions</div><li>Tenant Construction Issues Regarding Pre-Existing Environmental Conditions</li>
</ol>
<li>Compliance With Laws Provisions</li>
<li>General Maintenance and Repair</li>
<ol type="1">
<li>Impact of Environmental Conditions on Tenant Repair Obligations</li>
<li>Impact of Tenant's Environmental Use on Landlord Repair Obligations</li>
</ol>
<li>Specific Landlord and Tenant Environmental Provisions</li>
<ol type="1">
<li>Hazardous Materials Questionnaire</li>
<li>Inspection and Testing Rights</li>
<li>Indemnification Provisions</li>
<div style="margin-left: 0.9in; ">a. Landlord Indemnification of Tenant - Pre-Existing Conditions, Landlord Acts, Migration</div><div style="margin-left: 0.9in; ">b. Tenant Indemnification of Landlord - Tenant Acts</div><li>Backup Generator Use</li>
<li>Underground and Aboveground Storage Tanks</li>
</ol>
<li>Environmental Insurance</li>
<ol type="1">
<li>Landlord Insurance</li>
<li>Tenant Insurance</li>
</ol>
<li>Surrender and Restoration</li>
<ol type="1">
<li>Standard for Surrender - Remediation, Abatement</li>
<li>Holdover</li>
</ol>
<li>Assignment and Subletting</li>
</ol>
<li>Horror Stories</li>
<ol type="A">
<li>Brown v. Green (California Environmental Liability Case)</li>
<li>Health Club Underground Tank Groundwater Cleanup - Air Quality Issues</li>
<li>Asbestos Remediation Impacts on Tenant Improvement Construction Timing and Costs</li>
<li>Mold Issues in Health Clubs</li>
<li>Methane Barriers and Environmental Remediation in Oil Well Field Redevelopment</li>
</ol>
<li>Question and Answer Period</li>
</ol>
<li>Environmental Law Statutory Framework</li>
<ol type="A">
<li>Federal Law</li>
<ol type="1">
<li>CERCLA, SARA - Owners and Operator Liability</li>
<li>RCRA - Part of Tenant Compliance Requirements</li>
</ol>
<li>State Law</li>
<ol type="1">
<li>Statutory and Common Law</li>
<li>Disclosure Obligations</li>
<li>Postings and Warnings</li>
</ol>
</ol>
<li>Recent Industry Practices</li>
<ol type="A">
<li>ASTM and All-Appropriate Inquiry</li>
<li>Mold Inspections</li>
<li>Indoor Air Quality - Vapor Intrusion and Sick Building Syndrome</li>
<li>Green Leases - Compliance With LEEDŽ Rating Systems</li>
</ol>
<li>Commercial Lease Types - Differing Treatment of Environmental Issues</li>
<ol type="A">
<li>Ground Leases</li>
<li>Industrial Leases</li>
<li>Office Leases</li>
<li>Retail Leases</li>
<li>Single Tenant Properties vs. Multitenant Properties</li>
<li>Specialty User Issues</li>
</ol>
<li>Market Dynamics - Impact on Lease Negotiations</li>
<li>Pre-Lease Diligence</li>
<ol type="A">
<li>Landlord Diligence</li>
<ol type="1">
<li>Tenant Financial Strength Analysis</li>
<li>Tenant Use Concerns</li>
<li>Tenant Operating History</li>
</ol>
<li>Tenant Diligence</li>
<ol type="1">
<li>Phase I Site Assessment - Property Type</li>
<li>Phase II Site Assessment - Property Type</li>
<li>Indoor Air Sampling</li>
<li>Asbestos Survey</li>
<li>Mold Inspection</li>
<li>Consultant Retention</li>
<li>Landlord Concerns Regarding Tenant Inspections and Testing</li>
</ol>
</ol>
<li>Lease Provisions</li>
<ol type="A">
<li>Representations and Warranties Regarding Environmental</li>
<ol type="1">
<li>Landlord Reps and Warranties Regarding Environmental Conditions</li>
<li>Tenant Reps and Warranties Regarding Operations as to Environmental Use</li>
</ol>
<li>Building and Tenant Improvement Construction Issues</li>
<ol type="1">
<li>Landlord Pre-Delivery Obligations Regarding Environmental Condition</li>
<li>Delivery Condition Requirements as to Environmental Condition</li>
<div style="margin-left: 0.9in; ">a. Condition of Premises</div><div style="margin-left: 0.9in; ">b. AS-IS Provisions</div><li>Tenant Construction Issues Regarding Pre-Existing Environmental Conditions</li>
</ol>
<li>Compliance With Laws Provisions</li>
<li>General Maintenance and Repair</li>
<ol type="1">
<li>Impact of Environmental Conditions on Tenant Repair Obligations</li>
<li>Impact of Tenant's Environmental Use on Landlord Repair Obligations</li>
</ol>
<li>Specific Landlord and Tenant Environmental Provisions</li>
<ol type="1">
<li>Hazardous Materials Questionnaire</li>
<li>Inspection and Testing Rights</li>
<li>Indemnification Provisions</li>
<div style="margin-left: 0.9in; ">a. Landlord Indemnification of Tenant - Pre-Existing Conditions, Landlord Acts, Migration</div><div style="margin-left: 0.9in; ">b. Tenant Indemnification of Landlord - Tenant Acts</div><li>Backup Generator Use</li>
<li>Underground and Aboveground Storage Tanks</li>
</ol>
<li>Environmental Insurance</li>
<ol type="1">
<li>Landlord Insurance</li>
<li>Tenant Insurance</li>
</ol>
<li>Surrender and Restoration</li>
<ol type="1">
<li>Standard for Surrender - Remediation, Abatement</li>
<li>Holdover</li>
</ol>
<li>Assignment and Subletting</li>
</ol>
<li>Horror Stories</li>
<ol type="A">
<li>Brown v. Green (California Environmental Liability Case)</li>
<li>Health Club Underground Tank Groundwater Cleanup - Air Quality Issues</li>
<li>Asbestos Remediation Impacts on Tenant Improvement Construction Timing and Costs</li>
<li>Mold Issues in Health Clubs</li>
<li>Methane Barriers and Environmental Remediation in Oil Well Field Redevelopment</li>
</ol>
<li>Question and Answer Period</li>
</ol>
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies.
Please use Priority Code 16175 when registering.
Lorman Education Services began offering continuing education seminars in 1987.
Lorman Education is dedicated to providing cost-effective training opportunities that...
