Show navigation

Available in:

Online Manual

Basic Commercial Leases

Protect your organization – know the ins and outs of commercial leases. Purchase these reference materials and get surefire techniques for overcoming challenges surrounding commercial leases. These reference materials will guide you through the components of a commercial lease, including basic elements to include. With these materials you will learn valuable tips in drafting the leases in order to avoid disputes later on, definitions of terms, how landlord and tenant can best address a distressed tenancy situation and when to get a real estate broker involved. Avoid problems down the road by making sure you have all the latest information and survival tips. Purchase these reference materials today and get a game plan for ensuring success for you and your company. Benefits for You •Explore key issues in commercial leasing •Get a practical overview of the pertinent provisions in leases from both the tenant and the landlord’s perspective •Learn how you can use brokers to make your job easier •Discover how a commitment to ethical practices is important for attorneys, brokers and owners
Purchase Options

More Program Information

Why Lorman?

Over 29 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview of Commercial Leasing
— Kevin W. Goff
  • What Is a Lease?
    • Real Property Interest
    • Alternatives to Leases Easements, Licenses, Management Agreements
  • Lease Economics
    • Minimum/Base Rent
    • Operating Expenses and Other Pass-Through Costs
    • Percentage Rent
    • The Premises
    • Identifying and Protecting the Common Areas
    • Landlord 'Concessions'
    • Security for Tenant's Obligations
    • Services to Be Provided by Landlord
Details of the Lease – Avoiding Lease Pitfalls Through Careful Drafting
  • Commencement of Lease Issues
    • Construction of the Premises and Tenant Improvements
    • Opening and On-Going Co-Tenancy Requirements
  • On-Going Lease Issues
    • Use Clauses
    • Covenants to Open and Operate
    • Repair Obligations
    • Subletting and Assignment
    • Landlord Relocation Rights
    • Tenant Expansion Rights
    • Landlord Financing Issues
    • Special Issues Concerning Gaming Approvals
    • Casualty and Condemnation
Dealing With Distressed Tenancies
— Kevin W. Goff and Ann Marie McLoughlin
  • Understand Lease Provisions Dealing With Defaults and Other End of Lease Issues
    • Default and Remedies: What Every Landlord (And Tenant) Should Know
    • Early Termination Rights; Renewal Rights
  • Tenant Exit Strategies and Considerations
    • Assign or Sublet the Premises to Someone Else
    • Exercise Go Dark, Co-Tenancy or Termination Rights; Relocate or Downsize to Reduce Rent
    • Default, Considering Impact on Tenant and Any Guarantors; File Bankruptcy
    • Negotiate a Lower Rent Rate
    • Assess Landlord Defaults and Other 'Tradable' Tenant Rights to Maximize Leverage
Commercial Leasing/Real Estate Brokers
— Kevin W. Goff
  • Real Estate Brokerage Act
    • What Activities Constitute 'Real Estate Broker' Activities?; Who May Act as a Real Estate Broker?
  • Nature of Broker-Client Relationship
  • Listing Agreements
  • Right of Broker to Future Compensation on Lease Renewals and Expansions
Ethical Issues Arising in Commercial Leasing
— Kevin W. Goff
  • Conflicts of Interest
  • Dealings With Represented and Unrepresented Persons
  • Honesty – Fraud, Misrepresentation and Bad Faith
  • Compensation of Unlicensed Individuals and 'Finders'
  • Duties of Brokers and Lawyers to Their Clients
    • Contractual, Legal Basic Agency Law, Ethical
Purchase Options

More Program Information

Why Lorman?

Over 29 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Online Manual

No credit available.

Purchase Options

More Program Information

Why Lorman?

Over 29 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Kevin Goff

Kevin Goff, PC

Kevin W. Goff

  • Principal of Kevin Goff, P.C.
  • Represents landlords and tenants in all types of retail, casino and office leases and management agreements and in all aspects of the leasing process
  • Represents national retail tenants in the negotiation of letters of intent, leases, work letters and related documents nationwide
  • Commercial leasing practice also includes the representation of hotel, casino and resort owners and operators and retail and commercial landlords
  • Landlord clients include the USAA Insurance Company, Affinity Gaming (aka Terrible Herbst), Tropicana Entertainment, Carter Properties, and Tenet Healthcare
  • Tenant clients include P.F. Chang’s, Pei Wei, The Habit Hamburger Grill, and Club Tattoo
  • Previously a partner at Lewis and Roca LLP in Las Vegas, Nevada, and Phoenix, Arizona before starting his own firm
  • Member of the State Bar of Nevada and Arizona and Massachusetts Bar Association
  • Graduated, magna cum laude, Boston University School of Law
  • Can be contacted at 702-448-5748 or kevin@kgofflaw.com

Ann Marie McLoughlin

Ballard Spahr LLP

Purchase Options

More Program Information

Why Lorman?

Over 29 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 355641
Published 2012
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!