The Lease Manual
A Practical Guide to Negotiating Office, Retail, and Industrial/Warehouse Leases, Second Edition
Seiten
2022
American Bar Association (Verlag)
978-1-63905-124-3 (ISBN)
American Bar Association (Verlag)
978-1-63905-124-3 (ISBN)
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This manual analyzes each paragraph from the point of view of all stakeholders in a commercial real estate lease transaction, describing and analyzing typical lease paragraphs for office, retail, and industrial/warehouse leases.
Do you ever wonder if there's something you're missing in negotiating a lease, why one party insists on not altering a particular paragraph, or if you need to offer an acceptable compromise that would meet the needs of all parties in a lease? The Lease Manual: A Practical Guide to Negotiating Office, Retail, and Industrial Leases answers these questions and many more.
This practical guide helps you effectively handle all stages of a commercial real estate lease transaction, from negotiation to preparation and execution of office, retail, and industrial leases. Because understanding the needs and concerns of all interested parties is the only way to facilitate and complete lease negotiations, The Lease Manual examines and explores the concerns, needs, and desires of landlords, tenants, lenders, and brokers by analyzing typical lease paragraphs from each point of view. The first three parts of the book provide description and analysis of typical lease paragraphs for:
Office leases
Retail leases
Industrial/warehouse leases
A numerical "Risk Rating" is given to each paragraph of the typical lease, along with a brief summary and description of the lease paragraph and its scope. This is followed by an analysis of the lease paragraph and a critical review of the landlord's, tenant's, and lender's perspectives, along with possible compromises and alternatives from each party's point of view. The Lease Manual also discusses some of the most negotiated yet least understood lease terms, such as "Net Rent," "Gross Rent," "Base Year Rent," "Expense Stop Rent," "Percentage Rent," "Full Service Rent," "Real Estate Taxes," "Subordination," "Nondisturbance," and "Attornment." A collection of commonly used forms that are ancillary to a lease transaction are included in the book's final section, including a Letter of Intent, Notice of Lease, Lease Commencement Date Agreement, Subordination, Nondisturbance and Attornment Agreement, and Tenant Estoppel Letter.
This updated second edition of The Lease Manual: A Practical Guide to Negotiating Office, Retail, and Industrial/Warehouse Leases, now with lead author April F. Condon, offers a fourth perspective - that of the Broker, as well as many other additions, including:
More alternatives, compromises, and analyses
New lease negotiation strategies
Updates related to Covid-19 issues
Energy-efficient “green” building best practices
Right of First Refusal and Right of First Offer alternatives to lease additional space in an office building
Lease Alternatives to meet Telecommunication needs, including equipment installations that may be located exterior to the leased premises
And more!
Do you ever wonder if there's something you're missing in negotiating a lease, why one party insists on not altering a particular paragraph, or if you need to offer an acceptable compromise that would meet the needs of all parties in a lease? The Lease Manual: A Practical Guide to Negotiating Office, Retail, and Industrial Leases answers these questions and many more.
This practical guide helps you effectively handle all stages of a commercial real estate lease transaction, from negotiation to preparation and execution of office, retail, and industrial leases. Because understanding the needs and concerns of all interested parties is the only way to facilitate and complete lease negotiations, The Lease Manual examines and explores the concerns, needs, and desires of landlords, tenants, lenders, and brokers by analyzing typical lease paragraphs from each point of view. The first three parts of the book provide description and analysis of typical lease paragraphs for:
Office leases
Retail leases
Industrial/warehouse leases
A numerical "Risk Rating" is given to each paragraph of the typical lease, along with a brief summary and description of the lease paragraph and its scope. This is followed by an analysis of the lease paragraph and a critical review of the landlord's, tenant's, and lender's perspectives, along with possible compromises and alternatives from each party's point of view. The Lease Manual also discusses some of the most negotiated yet least understood lease terms, such as "Net Rent," "Gross Rent," "Base Year Rent," "Expense Stop Rent," "Percentage Rent," "Full Service Rent," "Real Estate Taxes," "Subordination," "Nondisturbance," and "Attornment." A collection of commonly used forms that are ancillary to a lease transaction are included in the book's final section, including a Letter of Intent, Notice of Lease, Lease Commencement Date Agreement, Subordination, Nondisturbance and Attornment Agreement, and Tenant Estoppel Letter.
This updated second edition of The Lease Manual: A Practical Guide to Negotiating Office, Retail, and Industrial/Warehouse Leases, now with lead author April F. Condon, offers a fourth perspective - that of the Broker, as well as many other additions, including:
More alternatives, compromises, and analyses
New lease negotiation strategies
Updates related to Covid-19 issues
Energy-efficient “green” building best practices
Right of First Refusal and Right of First Offer alternatives to lease additional space in an office building
Lease Alternatives to meet Telecommunication needs, including equipment installations that may be located exterior to the leased premises
And more!
Rodney J. Dillman is General Counsel and Secretary of Babson Capital Management LLC. Rod also is Corporate Vice President and Associate General Counsel of Massachusetts Mutual Life Insurance Company. He is the Chief Investment Lawyer for MassMutual and manages the Investment Law Group of the MassMutual Law Division. Prior to joining Babson/MassMutual in 2000, Rod was a Partner at Day, Berry & Howard LLP in Hartford, Connecticut. He attended Duke University, earning his JD in 1978, and Kent State University, obtaining a B.S in Education and an M.A. in Economics. Rod has been a member of the American Bar Association since 1979. He also is a member of the Connecticut and Massachusetts Bar Associations, as well as the American College of Real Estate Lawyers, the American College of Investment Counsel, and the Association of Life Insurance Counsel. 7-31-06
| Erscheinungsdatum | 28.04.2023 |
|---|---|
| Verlagsort | Chicago, IL |
| Sprache | englisch |
| Maße | 178 x 254 mm |
| Themenwelt | Recht / Steuern ► EU / Internationales Recht |
| Recht / Steuern ► Öffentliches Recht | |
| Recht / Steuern ► Privatrecht / Bürgerliches Recht ► Sachenrecht | |
| Recht / Steuern ► Wirtschaftsrecht | |
| Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen | |
| Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft | |
| ISBN-10 | 1-63905-124-4 / 1639051244 |
| ISBN-13 | 978-1-63905-124-3 / 9781639051243 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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