Understanding and Negotiating Commercial Real Estate Leases
MGMT 890.04
This course provides a practical analysis of the legal and economic issues involved in leasing retail, office, and industrial properties. Designed for those who have general familiarity with real estate leases.
What you can learn.
- Learn through simulated negotiations, and an in-depth analysis of provisions found in commonly used forms
- Explore details of gross and net leases, single and multitenant forms; tenant improvement allowances; premises construction; options; rent provisions
- Examine applications of exclusive use clauses, radius restrictions, continuous operation; assignment and subletting; and default
About this course:
From the perspectives of both the lessor and the lessee, this course provides a practical analysis of the legal and economic issues involved in leasing retail, office, and industrial properties. Designed for those who have general familiarity with real estate leases. Instruction includes discussions, simulated negotiations, and an in-depth analysis of provisions found in commonly used forms including the American Industrial Real Estate Association lease forms. Topics include gross and net leases--single- and multi-tenant forms; tenant improvement allowances; premises construction; options; rent provisions; use--exclusive use clauses, radius restrictions, continuous operation; assignment and subletting; and default. Property managers, real estate brokers, and property owners should find this course beneficial.Contact Us
Speak to a program representative. Hours: Mon-Fri, 8am-5pm.
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