Drafting Commercial Leases - A Guide to Negotiating Rent Review & Service Charge

Introduction

Using a standard form of lease may make drafting easier, but do you know why particular wording is used or how it should be amended? If the other side makes an amendment, do you know the standard compromise position or what you should accept? If not, then this virtual classroom seminar is for you.

Aimed primarily at those who are relatively inexperienced at drafting and negotiating commercial leases, the course will focus on the more complex areas in a lease: rent review and service charge.

What You Will Learn

This live and interactive course will cover the following:

• Rent review
• Who should initiate the review and how should it be done?
• What are the ‘usual’ assumptions?
• What are the ‘usual’ disregards?
• What might the landlord try to get away with?
• Resolving rent review disputes
• What do the Lease Code and Model Commercial Lease provide?
• Service charge
• Background to the Service Charge Code
• How to define the ‘Services’?
• How to calculate the tenant’s proportion?
• The mechanics of operating a service charge clause
• How to deal with disputes?
• Common exclusions from service charge

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.