Default Provisions in Commercial Leases: Tenant and Landlord Negotiation and Drafting Considerations, Unique Issues
Monetary vs. Non-Monetary Breaches, Notice and Cure Requirements, Termination and Damages Options, Jurisdictional Considerations
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will take an in-depth look at negotiating and drafting default provisions in commercial leases for landlords and tenants. The panel will discuss common issues and pre-drafting considerations for each party and will discuss how counsel should address those in the lease to best protect their clients. The panel will also address jurisdictional considerations and offer best practices for negotiation and drafting.
Outline
- Introduction
- Types of default
- Monetary
- Non-monetary
- Common issues and pre-drafting considerations
- Types of default
- Drafting default provisions for landlords and tenants
- Clearly defining breaches
- Notice and cure requirements
- Termination and damages options
- Dispute resolution
- Other considerations
- State/local jurisdictional concerns
- Best practices for negotiation and drafting
Benefits
The panel will review these and other key considerations:
- What are common issues related to default provisions that landlord and tenant counsel should consider before negotiating and drafting these provisions?
- What are unique drafting considerations based on whether the party is a landlord or tenant?
- What jurisdictional issues should counsel consider when drafting default provisions?
- What are available remedies for default, and how can counsel ensure these remedies are available for their clients in the event of default through careful drafting?
Faculty
Adriana M. Peters
Member
CSG Law
Ms. Peters has more than 20 years of in-house and private experience directing legal efforts with regard to real estate... | Read More
Ms. Peters has more than 20 years of in-house and private experience directing legal efforts with regard to real estate development, construction and finance – and is a trusted advisor to local, regional and national landlords and tenants on commercial leasing matters spanning all asset types. Ms. Peters joined the firm from Lightstone Group, one of the largest, privately-held real estate management and development companies in the country with a commercial real estate portfolio of over 6 million square feet. As Lightstone’s General Counsel, she was deeply involved with commercial leasing and various transactions across the company’s portfolio – overseeing the legal components of the company’s acquisition, development, disposition, financing and land use functions on a national scale.
Close
Jennifer Stenman
Shareholder
Reinhart Boerner Van Deuren
Ms. Stenman counsels commercial property owners and developers in sales, acquisitions and leasing transactions. In her... | Read More
Ms. Stenman counsels commercial property owners and developers in sales, acquisitions and leasing transactions. In her extensive experience with commercial leasing, Ms. Stenman primarily assists landlords of office, industrial and retail assets in negotiating and drafting lease documents, including build to suit leases, and handling landlord/tenant matters. She is nimble and well-versed in the many issues that impact commercial leasing transactions and can anticipate challenges to set her clients up for success. Ms. Stenman’s practice is nationwide and concentrates predominately on large industrial projects such as warehouses, distribution centers and manufacturing facilities.
CloseEarly Discount (through 05/10/24)
Cannot Attend June 6?
Early Discount (through 05/10/24)
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.