Description
Understand how to identify and allocate risk both through the lease documents and operationally.A commercial lease seems simple enough on its face. The lease starts, the parties interrelate as needed during the term of the lease, and the lease ends. Nothing more to it, right? Understood in the full factual, financial, and legal contexts, however, there is much more to the story. Commercial leases operate in a riskladen environment to both landlords and tenants, although that is not necessarily a bad thing. The prospect of risk causes a landlord and a tenant to negotiate and then implement a variety of proactive and reactive risk management measures through the story told in the lease documents. This topic is intended to help you understand how to identify and allocate risk both through the lease documents and operationally. This content is also intended to explain the value of creating and implementing both proactive and reactive risk management measures in commercial real estate leasing activities, and the use of checklists to support those activities.
Date: 2019-11-19 Start Time: End Time:
Learning Objectives