Commercial Leases in Scotland - A Drafting & Negotiation Workshop

Introduction

This workshop seminar is intended for solicitors dealing with commercial leasing at an intermediate to advanced level and it will provide an understanding on common law provisions (implied terms) in leases and how to draft to be able to contract out of these.

The session will include:

• The drafting, revising and negotiating process
• The ‘ripple effect’ of drafting, revisals and counter-revisals
• How to revise and counter-revise key clauses including rent review, assignation and sub-letting, repair, insurance and uninsured risks
• How to draft, revise and counter revise clauses in offers to lease where premises being constructed or refurbished

What You Will Learn

This live and interactive session will cover the following:

• Common law obligations on landlord and tenant; warranties by landlord; rei interitus
• How to contract out of common law and the effect of contracting out
• The drafting, revising and negotiating process and reporting to and obtaining clear instructions from your client
• The ‘ripple effect’ of drafting, revisals and counter-revisals
• Open market and inflation linked rent reviews; turnover rents
• Assignation and sub-letting clauses
• Repair, waygoing (dilapidations) clauses
• Insurance and uninsured risks clauses

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.