Negotiating & Revising Commercial Leases in Scotland - A Practical Guide

Introduction

This virtual classroom seminar is aimed at solicitors who work for landlords and tenants as well as for purchasers and lenders of investment properties. It will provide an in-depth knowledge so as to enable practitioners to advise their clients and to negotiate, revise and agree with confidence transactions involving the grant of commercial leases and loans to be secured over properties that have the benefit of proposed or existing lease documents.

There is a real danger for practitioners in failing to spot and appreciate important issues that can impact significantly on the selling landowner's position or that can adversely affect the developer.

This session will consider tenant's revisals, landlord's counter-revisals and commonly found compromises.

What You Will Learn

This live and interactive session will cover the following:

• Definition of premises and common parts
• Rights and reservations
• Repairs - and how to use a schedule of condition
• Dilapidations
• Insurance
• Uninsured risks
• Assignation and sub-letting
• Guarantee clause
• Irritancy
• Rent review clauses and inflation linking
• 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.