Negotiating (and Renegotiating) Leases, Part 2 Out of Stock
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About the Seminar - Computer Based Audio ONLY programs (No Video) - DOES NOT QUALIFY FOR CLE BIG TICKET
Office and retail space leases are complex and lengthy instruments. The recent aftermath of the real estate crisis have also highlighted the risks and costs of poorly drafted leases for both landlords and tenants. Economic provisions need to reflect changes over time, including rent escalators for landlords, but also flexibility for the tenant to return or sublease space it can no longer use. There are subtle tradeoffs among exclusivity rights in retail leases, rents and the term of the lease. Common area maintenance expenses, whether in an office building or retail center, are also fertile sources of cost estimate overruns and disagreements. This program will provide you with a practical guide to negotiating and drafting real office and retail space.
Part 2:
-Common area maintenance issues - rates, limits, and capital improvements
-Protecting against landlord or tenant default and drafting effective remedies
-Exclusivity - no competition in the retail development and related issues
-Special issues when negotiating retail co-tenancies
-Renegotiating existing office and retail space issues
-Make-ups and give-backs: Lease renegotiation strategies for tenants and practical responses of landlords
About the Speakers
John S. Hollyfield is of counsel and a former partner in the Houston office Norton Rose Fulbright, LLP. He has more than 40 years' experience in real estate law practice. He formerly served as chair of the ABA Real Property, Probate and Trust Law Section, president of the American College of Real Estate Lawyers, and chair of the Anglo-American Real Property Institute. He has been named a "Texas Super Lawyer" in Real Estate Law by Texas Monthly magazine and is listed in Who's Who in American Law. He is co-editor of Modern Banking and Lending Forms (4th Edition), published by Warren, Gorham & Lamont. He received his B.B.A. from the University of Texas and his LL.B. from the University of Texas School of Law.
Richard R. Goldberg is a retired partner, resident in the Philadelphia office of Ballard Spahr, LLP, where he established an extensive real estate practice, including development, financing, leasing, and acquisition. Earlier in his career, he served as vice president and associate general counsel of The Rouse Company for 23 years. He is past president of the American College of Real Estate Lawyers, past chair of the Anglo-American Real Property Institute, and past chair of the International Council of Shopping Centers Law Conference. Mr. Goldberg is currently a Fellow of the American College of Mortgage Attorneys and is a member of the American Law Institute. Mr. Goldberg received his B.A. from Pennsylvania State University and his LL.B. from the University of Maryland School of Law.
Mandatory MCLE Credit Hours
This seminar qualifies for 1.0 MCLE credit hour.
This seminar is an Intermediate level program.
Note: When submitting your compliance reports to the SC Commission on CLE and Specialization, if you completed this in 2020, please use this course code: 0201649ADT
Note: When submitting your compliance reports to the SC Commission on CLE and Specialization, if you completed this in 2021, please use this course code: 213048ADT