Office and Retail Leasing: Exit and Expansion Strategies
About this Program
Join top attorneys and professionals in this partner program about office and retail leasing. Utilizing an experienced panel of attorneys, real estate developers and investors, this course delves into the intricacies of leasing and habitating a retail or office space. The program begins by discussing the issue of negotiating for assignment or subletting provisions. The attorneys and professionals draw upon their personal experiences to offer realistic examples and how to work to resolve these problems. The course then continues to address the purpose and necessity of recognition agreements to make a lease more valuable in a subletting scenario and why one may choose to incorporate this into a lease. Also, the presenters discuss some specific pro-tenant rights which make it easier for the tenant to continue the lease along with maintaining landlord caveats (so as to ensure that the landlord has some rights as well). The panelists end the program by discussing various ways to protect tenant and landlord rights to ensure a mutually beneficial arrangement for all parties.
I. Assignment and Subletting
II. Non-Disturbance/Recognition Agreement
III. Early Termination Option
IV. Right of First Refusal
V. Renewal Option
Well-organized, experienced speakers
Excellent presentation. Relevant, with real life examples that brought it home.
Good discussion of Right of First Refusal and Right of First Offer