When you represent a “brick and mortar” business, you will sooner or later be called upon to review and negotiate the client’s lease of commercial space in a shopping center or office building. While your client generally doesn’t have a lot of negotiating leverage, there are many things you can negotiate that will prevent your client from being treated unfairly. In this fast-paced, entertaining presentation, a leading business lawyer who has represented over 15,000 clients in his 45-year career will walk through a typical commercial lease clause by clause and provide guidance on drafting and negotiating key provisions.
Topics to be covered in Part 2 of this course include:
- The most commonly negotiated provisions in shopping center, office, and “office tower” leases
- Noncompete provisions in shopping center leases
- Early termination clauses
- Ways to limit your client’s personal guaranty obligations, including “good guy/good person” guaranty language
- “Sneaky” provisions landlords sometimes include in their lease forms that you should always resist whenever possible
- Negotiating the Commercial Lease, Clause by Clause (Part 2)
- Noncompete provisions in shopping center leases
- Compliance with the landlord’s rules and regulations
- Landlord and tenant improvements
- Your client’s rights if the premises are destroyed or condemned
- Insurance, indemnification, and environmental requirements
- Default provisions and landlord remedies
- Signage, parking, and tenant advertising
- Rights of third parties (subordination and attornment clauses)
- Protecting your client’s quiet enjoyment of the premises from third parties, especially mortgagees
- Estoppel certificates
- Your client’s right to assign and sublease the premises
- How to get your client out of the lease before its scheduled expiration
- “Sneaky” provisions landlords sometimes include in their lease forms that you should resist whenever possible
- Other Lease Documents
- Personal guaranties and how to limit them
- Documents your client’s franchisor will require from the landlord
- Summary of Important Points
This webinar is divided into section summaries, which you can scan for key points and then dive into the sections that interest you the most.
Please note this AI-generated summary provides a general overview of the webinar but may not capture all details, nuances, or the exact words of the speaker. For complete accuracy, please refer to the original webinar recording.
Law Office of Clifford R. Ennico
CLIFFORD R. ENNICO (www.cliffennico.com) is widely considered to be one of America's leading experts on the legal and tax problems facing entrepreneurs and privately-owned businesses. Read More ›
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Status: Approved
Credits: 1.00 General
Earn Credit Until: June 30, 2026
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Credits: 1.20 General
Earn Credit Until: September 16, 2026
Status: Approved
Credits: 1.00 General
Earn Credit Until: February 28, 2026
Status: Approved
Credits: 1.00 General
Difficulty: All Levels
Earn Credit Until: December 31, 2025
Status: Approved
Credits: 1.00 General
Earn Credit Until: September 30, 2026
This presentation is approved for one hour of General CLE credit in California, North Carolina, and South Carolina (all levels). This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.20 hours of total CLE credit. This course has been approved for Minimum Continuing Legal Education credit by the State Bar of Texas Committee on MCLE in the amount of 1.00 credit hours.
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