Commercial Leases: Structuring Tenant Build-Out, Improvement, Maintenance, and Repair Provisions
Landlord vs.Tenant Obligations, Approval Rights, Delivery of Premises, Indemnity Provisions, and More
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will discuss best practices for landlords and tenants to draft commercial lease agreements regarding pre-commencement build-out of premises and functional maintenance and repairs provisions. The program will also discuss indemnification provisions to allocate risk between the parties.
- Pre-commencement build-out provisions
- Approval of plans
- Change orders
- Cooperation of parties
- Delivery of premises
- Representations and warranties
- Functional maintenance and repair provisions
- Allocation of responsibilities in industrial leases
- HVAC systems
- Tenant vs. landlord obligations
- Conditions applicable to repairs
- Utilities, sewer lines, and parking lots
- Indemnification provisions
The panel will review these and other essential matters:
- What are the key questions to address in pre-commencement build-out provisions, and what are the risks for the parties?
- What should pre-commencement repair and maintenance provisions include, and what are the risks for the parties?
- What are best practices for drafting indemnification risk allocation provisions?
Iryna Lomaga Carey
Kurzman Eisenberg Corbin & Lever
Ms. Carey’s practice focuses on commercial real estate transactions including: commercial sales and... | Read More
Ms. Carey’s practice focuses on commercial real estate transactions including: commercial sales and acquisitions; joint ventures; commercial leasing and commercial finance. She has broad based experience in retail/industrial/office property leasing and acquisitions; operating company acquisitions and dispositions; negotiation of construction contracts; and financing and construction of a broad range of commercial properties. Ms. Carey has represented landlords and tenants in enclosed malls, strip centers, warehouse/industrial projects and pad sites. She has extensive experience handling due diligence in connection with significant real estate acquisitions of both real property and debt portfolios.Close
Barry R. Katz
Saul Ewing Arnstein & Lehr
Mr. Katz focuses his practice on real estate and corporate law. He represents Fortune 500 companies, national lenders,... | Read More
Mr. Katz focuses his practice on real estate and corporate law. He represents Fortune 500 companies, national lenders, developers, syndicators, condominium associations and management companies in the Chicago area and nationwide with respect to the acquisition, sale, financing, syndication, operation and management of real estate. He has also been involved in the merger and acquisition of businesses and the financing of such transactions.Close