The Commercial Property Lease, Volume III: Negotiating Specific Terms, Drafting Special Leases, and Structuring Assignments and Subleases |
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Product Availability: This product is currently out of stock, but can be placed on backorder.
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This guide is the third in a unique series that focuses exclusively on the myriad of issues related to commercial property leases, addressing concerns for both the landlord and tenant. The book's five sections concentrate on these key aspects of the commercial leasing process:
Negotiations
Specific commercial lease terms
"Odd duck leases"
Performance issues in commercial leases
Assignments, sublets, and buyouts
Chapters have been written by leading real estate professionals on a wide range of issues related to assessing, negotiating, and drafting all aspects of commercial leases. Beginning with the process of negotiation, the book discusses the ethical and malpractice traps, the implied duty of good faith and fair dealing, negotiating office leases, and good faith in negotiating and fulfilling conditions.
The section devoted to odd duck leases is a valuable, one-of-a-kind resource for negotiating and drafting commercial leases that fall outside of traditional guidelines, including marina, airport, stadium, billboard and cellular tower leases, as well as special review and perfection issues in U.S. government leases. Other topics covered include security deposits, implied waivers of subrogation, assignment documentation for subleases and leases, and new ways to draft subleases. Among the practical tips contained in Volume III are ten rules for lenders reviewing leases, examples of actual situations, sample forms and clauses, extensive citations and footnotes, and a Table of Cases.
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"This book is an invaluable - essential - ready-reference for practitioners who need to know the latest developments in commercial real estate leasing. It covers not only broadly applicable issues affecting all leases (such as the covenant of good faith and fair dealing), but also the most important topics of the leases that practitioners are most likely to prepare or negotiate; however, it also offers convenient discussions of "exotic" leases such as those for billboards, cell towers and the federal government. Its discussion of defaults and remedies, and subleases, in particular, makes sense of those confused areas of the practice."
Mark A. Senn
Senn Lewis & Viscaino, P.C.
Denver, CO
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