Commercial Real Estate Leases: Preparation, Negotiation, and Forms Book

Part I - INTRODUCTION

Chapter 1. DEFINING THE COMMERCIAL LEASE

• §1.01 Old Law and New Business
• §1.02 Ownership and Possession
• §1.03 Is the Lease a Conveyance or a Contract?
• §1.04 Comparison of Leasing and Secured Lending
• §1.05 Role of the Lender
• §1.06 “Business Points” and “Legal Points”
• §1.07 Taking Tenants from Another Landlord

Chapter 2. ORGANIZATION AND SCOPE

• §2.01 Overview
• §2.02 Using and Abusing Forms
• §2.03 Need for Clarity of Expression
• §2.04 Scope
• §2.05 A Balanced Lease
• §2.06 Letters of Intent
• §2.07 The Most Favored Tenant Provision
• §2.08 Green Lease

Part II - THE ESSENTIAL LEASE PROVISIONS

Chapter 3. INTRODUCTORY PROVISIONS

• §3.01 Presenting Basic Lease Information
• §3.02 Identifying the Lease
• §3.03 Date of the Lease
• §3.04 Tradenames and Service Marks
• §3.05 Individuals
• §3.06 Co-Owners and Co-Tenants
• §3.07 Corporations
• §3.08 Partnerships
• §3.09 Agents, Representatives, and Guardians
• §3.10 Charitable Associations, Campaign Committees, and Government Entities
• §3.11 Tax-Exempt Organizations
• §3.12 Tenants with Sovereign Immunity
• §3.13 Franchisors and Franchisees
• §3.14 “Anti-Terrorism” Provisions
• §3.15 “And/or Assigns”
• §3.16 Grant or Agreement of Lease
• §3.17 Electronic Signature
• §3.18 Federal Income Tax Consequences of Obtaining a Lease

Chapter 4. THE PREMISES

• §4.01 An Approach to the Description of the Premises
• §4.02 Description of the Single Tenant Building
• §4.03 Description of the Shopping Center Premises
• §4.04 Measurement of the Shopping Center Premises
• §4.05 Appurtenances in a Shopping Center
• §4.06 Designating Certain Areas
• §4.07 Preserving Flexibility in Shopping Center Development
• §4.08 Description of the Office Building Premises
• §4.09 Introduction to BOMA Measurement (The 2010 Standard)
• §4.10 Occupant Area, Usable Area, and Rentable Area
• §4.11 Importance of Measurement
• §4.12 Store Area in an Office Building
• §4.13 Appurtenances in an Office Building
• §4.14 Personal Property
• §4.15 Storage Space
• §4.16 Telecommunications Equipment
• §4.17 Lenders’ Concerns About Premises
• §4.18 Options—Generally
• §4.19 Relocation

Chapter 5. THE TERM

• §5.01 Defining the Term
• §5.02 Landlord's Failure to Deliver Possession
• §5.03 Existing Premises
• §5.04 Completion of Office Premises
• §5.05 Workletters
• §5.06Completion and Acceptance of New Shopping Center Premises
• §5.07 Requiring Completion of Other Parts of the Shopping Center and Occupancy by Other Tenants
• §5.08 Allowing Early Occupancy
• §5.09 Implied Warranty of Tenantability
• §5.10 Lenders' Concerns about Term
• §5.11 Option to Extend or Renew a Lease
• §5.12 Notice
• §5.13 Terms of Ren