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Webinar: What to Consider When Negotiating Commercial Leases

Start:
August 30, 2017 10:30 am
End:
August 30, 2017 11:30 am
Cost:
104/124
Organizer:
Kelli Jessup
Phone:
217-522-5512
Email:
kjessup@ilchamber.org
Venue:
online

Taught by attorney Lisa Johnson Register
| SmithAmundsen LLC

Will your lease agreement work for you and protect your interests in both ordinary and unexpected circumstances? A carefully considered lease agreement that provides for the interests of the tenant’s business will ultimately benefit both the landlord and the tenant.

In this webinar, Lisa Johnson addresses many important factors to consider when entering into a lease agreement, including:
• How does commencement relate to delivery of the premises?
• Who pays for build out or construction?
• When does payment of rent begin?
• What are the elements of rent and how will they apply?
• How are taxes, utilities, and insurance provided for and paid?
• Who owns fixtures or equipment after termination?
• Who pays for and handles repairs and maintenance?
• Are rights to use the common areas, including parking described?
• Are there rules and how do they apply to tenant’s business?
• Who pays for environmental costs if they arise?
• Does the lease provide for early termination, renewal, and subleasing?
We look forward to answering these questions and addressing other landlord and tenant considerations.

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