Nebraska Activity #124309, 1.0 hour CLE
Small commercial space leases – for offices, retail locations, warehouses – are unlike big leases. Tenants are much more sensitive to the cost or reviewing or drafting, and negotiating lengthy leases. The panoply of tenant use restrictions in lengthier leases tend to suffocate the ability of smaller tenants to operate their businesses. Landlord rights and remedies in “short “form” leases tend to leave tenants with little flexibility and few remedies against landlords. At the same time, landlords fear the instability and costs associated with small tenants. This makes focusing on the economic essentials important to landlords and the operating essentials important to tenants in small leases very important. This program will provide you a real world guide to drafting or reviewing a small commercial lease, including economics, use restrictions, subleasing, and remedies.
- Special issues in negotiating and drafting issues for small commercial leases
- Red flags in “short form” leases for small tenants
- Ensuring “use” restrictions allow tenant to operate its business
- Common area maintenance, taxes, insurance, fees and penalties
- Scope of landlord services to tenant and tenant remedies
- Exit issues – “go dark” provisions, subletting, tail liability
David C. Camp is a partner in the Denver office of Senn Visciano Canges, PC, where he represents clients in all aspects of real estate transactions. He has extensive experience in leasing, development, construction, financing and ownership issues. He also has substantial experience in commercial finance matters, most frequently corporate and real estate financing, including mezzanine loans, construction loans, and traditional loan matters. Mr. Camp received his B.A. cum laude from Middlebury College and his J.D. from the University of Pennsylvania Law School.
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.
To Register:Cost $89.00
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Sara Weber, Nebraska State Bar Association
(402) 475-7091 ext # 131; email@example.com