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What You Need to Know about Negotiating Retail and Restaurant Leases

SKU: REL8400
Total Credits
1.5 - 2
Price$100
  • Online Access
  • Smartphone
  • iPad/iPod/Tablets
  • CDs/DVDs

Description

The smaller tenant is “clout challenged” when it comes to dealing with landlord’s onerous, one-sided lease forms. Sending a 300 comment memo will not advance tenant’s cause—in fact, may well backfire; tenant (unfairly) being branded as a troublemaker. And that goes for legal counsel, too!

The objective of this CLE program is to discuss strategic analysis of the lease form and isolate those very significant legal and business provisions which have the greatest impact on the retail and restaurant tenant.

Topics include:

  • Definition of Premises
  • Use
  • Landlord’s work letter/abatements
  • Escalations
  • Assignment and sublet—exit strategies
  • Special Zoning and Permits Issues (liquor licenses)
  • The Shopping Center Dictionary—co-tenancy—go-dark-CAM charges, radius clauses and the like
  • Restaurant operations issues (odors, grease traps and the like)
  • Security/Guaranties—esp. good guy guaranties

Lecturer Bio

Jeffrey A. Margolis, Esq.

Mr. Margolis' unique dual practice has concentrated on representation of major domestic and foreign clients with respect to a wide variety of sophisticated Real Estate transactions. Further, Mr. Margolis has often counseled major law firms, information technology companies, foreign investors and multi-national corporations with respect to Immigration and Consular Law. He has shared his expertise in these two areas by frequently lecturing before bar and trade groups as well as authoring publishing cutting edge articles. Margolis has received the "Av" (highest) rating as to professional skills from the Martindale Hubbell Law Directory.

Drawing upon experience gained at the New York firms of Whitman & Ransom and Marshall, Bratter, Mr. Margolis opened his own law firm in mid-town Manhattan on February 1, 1982.



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