Reciprocal Easement Agreements for Retail and Mixed-Use Project Development: Structuring and Amending REAs
Protecting Rights and Obligations; Minimizing Risk for Developers, Retailers, and Other Project Constituents
Recording of a 90-minute premium CLE webinar with Q&A
This CLE webinar will advise real estate practitioners on drafting reciprocal easement agreements (REAs) for retail and mixed-use developments and redevelopments, subdividing existing projects for investment sales, avoiding common pitfalls in preparing REAs, and utilizing best practices for updating existing REAs.
Outline
- Standard REA provisions
- Easements
- Maintenance and repair of common areas
- Alterations and building restrictions
- Covenants and use restrictions
- Operational and practical issues
- Parking
- Costs for maintenance and operation
- Developer rights
- Site plans
- Litigation issues
- Big box/anchor tenant issues
- Signage
- Bankruptcy
- REA redevelopment issues
- Amendments
- Easements and "cross-shopping"
- Use restrictions
Benefits
The panel will review these and other crucial issues:
- The fundamental components of REAs for retail development and mixed-use developments
- Costly drafting errors that counsel most commonly make when drafting REAs
- How to draft, analyze, interpret, and amend existing REAs
Faculty

Kathleen D. Boyle
Counsel
Eversheds Sutherland
Ms. Boyle focuses her practice on leasing, development and redevelopment of retail, mixed use, office, warehouse and... | Read More
Ms. Boyle focuses her practice on leasing, development and redevelopment of retail, mixed use, office, warehouse and industrial projects on behalf of developers, landlords and tenants. Her experience includes the creation and amendment of operating and restrictions agreements, adaptive re-use, urban infill, and big box, restaurant, outparcel, ground and build-to-suit leasing. Prior to private practice,Ms. Boyle worked as an in-house real estate counsel for over eleven years both on the developer/landlord side for a major shopping center REIT and on the tenant side for an international tire sales and auto service retailer.
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Gretta C. Spendlove
Shareholder
Durham Jones & Pinegar
Ms. Spendlove practices in the DJP Real Estate Section, with a focus on real estate, corporate law, and business... | Read More
Ms. Spendlove practices in the DJP Real Estate Section, with a focus on real estate, corporate law, and business transactions. Her experience includes representation of buyers and sellers in purchasing, selling, leasing, and developing real estate; creating and advising legal entities such as joint ventures, corporations, and limited liability companies; buying and selling businesses; and handling intellectual property issues such as trademarks and copyrights.
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