Commercial Retail Leases and Outlot Purchases: A Practitioner's Guide to Forms and Provisions - Mark E Dall

Commercial Retail Leases and Outlot Purchases: A Practitioner's Guide to Forms and Provisions Mark E Dall ISBN 9781627227032

In commercial leasing, the lease is the law. Unlike other areas of real estate that are heavily regulated, commercial leases are governed in most states by only limited statutory authority. As a result, the lease document itself largely defines the parties’ rights and obligations. To secure the best possible outcome for a client, attorneys must anticipate and address potential areas of conflict during negotiations—before they arise over the life of the lease.

Written by attorneys who each negotiate more than 200 leases annually, Commercial Retail Lease and Outlot Purchases: A Practitioner’s Guide to Forms and Provisions offers a practical, experience-driven examination of commercial lease negotiations and drafting. The book focuses on critical negotiating issues and provides sample clauses tailored to address each topic. Its comprehensive scope makes it a valuable resource for attorneys new to commercial leasing as well as seasoned practitioners seeking a reliable desk reference.

Commercial lease negotiations require collaboration across multiple disciplines, including construction, engineering, accounting, and tax. The authors begin by addressing the crucial pre-opening period, covering issues such as construction obligations, contingencies, and warranties. Subsequent chapters explore additional key aspects of commercial leasing, including:

• Securing lease obligations

• Financial considerations, including percentage rent, common area charges, taxes, and insurance

• Common area definitions and use restrictions

• Lease transfers and co-tenancy

• Mixed-use developments

• Outlot purchases

• Maintenance responsibilities

• Construction requirements

Each chapter concludes with a summary of key considerations, followed by an appendix featuring sample lease language that illustrates the most significant provisions commonly negotiated in commercial lease agreements.

Commercial Retail Leases and Outlot Purchases: A Practitioner's Guide to Forms and Provisions Mark E Dall ISBN 9781627227032, 978-1627227032 & 9781627227049

Author
Mark E Dall
Noble Carter Hatfield