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Asbestos “Happy Sad” Compromise Language

Tenant’s Work Causing ACM to be in Violation of Applicable Law “In the event that Tenant’s Work to performed solely for its initial build out of the Premises causes or…

Basic Tenant Work

“Tenant’s Work (whether performed prior to or after the Lease Commencement Date) shall be (or shall have been) made and diligently completed at Tenant’s sole cost and expense, in a…

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips

Part 1 Landlord & Tenant Work: Design and Construction Drawing Leasing Tips Previous ChapterTable of ContentsNext Chapter To witness the transformation of an office or retail space from that of…

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips (Part 1 of 16)

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics

Part 2 Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics Previous ChapterTable of ContentsNext Chapter In part two of our tenant work and landlord’s work…

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics (Part 2 of 16)

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance

Part 3 Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance Previous ChapterTable of ContentsNext Chapter Welcome to the Leasing Zone, better known as part three of our…

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance (Part 3 of 16)

Landlord & Tenant Work: Tenant Work Related Protection Concerns

Part 4 Landlord & Tenant Work: Tenant Work Related Protection Concerns Previous ChapterTable of ContentsNext Chapter Let’s discuss the ins and outs of the tenant work section of a commercial…

Landlord & Tenant Work: Tenant Work Related Protection Concerns (Part 4 of 16)

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause

Part 5 Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause Previous ChapterTable of ContentsNext Chapter It’s time to engage in a bit…

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause (Part 5 of 16)

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak

Part 6 Landlord & Tenant Work: A Landlord’s Need to be a Control Freak Previous ChapterTable of ContentsNext Chapter Our theme centers around the desire of most landlords, which, quite…

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak (Part 6 of 16)

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance

Part 7 Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance Previous ChapterTable of ContentsNext Chapter Are you master of your leasing domain? Playing off of the words of Seinfeld…

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance (Part 7 of 16)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 1 of 2)

Part 8 Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 1 of 2) Previous ChapterTable of ContentsNext Chapter Welcome to what I would like to call…

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 8 of 16)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 2 of 2)

Part 9 Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 2 of 2) Previous ChapterTable of ContentsNext Chapter The Architectural Contract: Contracts for an architect’s services…

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 9 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 1 of 3)

Part 10 Landlord & Tenant Work: Negotiating Construction Contracts (Part 1 of 3) Previous ChapterTable of ContentsNext Chapter As to hiring a general contractor, many of the items that I…

Landlord & Tenant Work: Negotiating Construction Contracts (Part 10 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 2 of 3)

Part 11 Landlord & Tenant Work: Negotiating Construction Contracts (Part 2 of 3) Previous ChapterTable of ContentsNext Chapter “Hold Me Back”: Although some of the younger crowd out there may…

Landlord & Tenant Work: Negotiating Construction Contracts (Part 11 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 3 of 3)

Part 12 Landlord & Tenant Work: Negotiating Construction Contracts (Part 3 of 3) Previous ChapterTable of ContentsNext Chapter Good Timing is Everything … and the Only Thing: There are many…

Landlord & Tenant Work: Negotiating Construction Contracts (Part 12 of 16)

Landlord & Tenant Work: Negotiating a Landlord Work Letter

Part 13 Landlord & Tenant Work: Negotiating a Landlord Work Letter Previous ChapterTable of ContentsNext Chapter Welcome to part thirteen of our Sweet 16 series on the ins and outs…

Landlord & Tenant Work: Negotiating a Landlord Work Letter (Part 13 of 16)

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter

Part 14 Landlord & Tenant Work: Timing Issues in a Landlord Work Letter Previous ChapterTable of ContentsNext Chapter Over the remaining chapters of our Sweet 16 series on the tenant and…

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter (Part 14 of 16)

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses

Part 15 Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses Previous ChapterTable of ContentsNext Chapter Welcome back to almost everything you wanted to know…

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses (Part 15 of 16)

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto

Part 16 Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto Previous ChapterTable of ContentsNext Chapter Welcome to the concluding section of our Sweet 16 series on the ins…

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objections Thereto (Part 16 of 16)

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips

(Part 1 of 16) | 10:49 Table of Contents

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics

(Part 2 of 16) | 7:42 Table of Contents

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance

(Part 3 of 16) | 4:49 Table of Contents

Landlord & Tenant Work: Tenant Work Related Protection Concerns

(Part 4 of 16) | 9:00 Table of Contents

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause

(Part 5 of 16) | 6:19 Table of Contents

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak

(Part 6 of 16) | 9:14 Table of Contents

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance

(Part 7 of 16) | 13:04 Table of Contents

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 1 of 2)

(Part 8 of 16) | 5:07 Table of Contents

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 2 of 2)

(Part 9 of 16) | 4:55 Table of Contents

Landlord & Tenant Work: Negotiating Construction Contracts (Part 1 of 3)

(Part 10 of 16) | 10:52 Table of Contents

Landlord & Tenant Work: Negotiating Construction Contracts (Part 2 of 3)

(Part 11 of 16) | 7:19 Table of Contents

Landlord & Tenant Work: Negotiating Construction Contracts (Part 3 of 3)

(Part 12 of 16) | 7:00 Table of Contents

Landlord & Tenant Work: Negotiating a Landlord Work Letter

(Part 13 of 16) | 15:49 Table of Contents

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter

(Part 14 of 16) | 6:57 Table of Contents

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses

(Part 15 of 16) | 5:41 Table of Contents

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto

(Part 16 of 16) | 6:21 Table of Contents

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips (Part 1 of 16)

Tenant Advocates: Whether the tenant and/or the landlord is building out the space, it is imperative that the tenant communicate what type of workplace it needs for its business and…

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics (Part 2 of 16)

Cost Reimbursement: Landlord Advocates: Language should be contained in the lease requiring a tenant to pay to landlord all of landlord’s costs and expenses incurred in reviewing tenant’s plans and…

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance (Part 3 of 16)

Compatible Labor: Landlord Advocates: It is imperative that landlords include language in the lease requiring that “any labor employed by tenant shall be harmonious and compatible with the labor employed…

Landlord & Tenant Work: Tenant Work Related Protection Concerns (Part 4 of 16)

Lien Free Completion of Work: Landlord Advocates: In the case of a sizable tenant build-out, landlords need to know whether the tenant has the financial wherewithal to be able to…

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause (Part 5 of 16)

Hazardous Materials: Tenant Advocates: It is imperative to focus on what the work clause contains as to asbestos and other hazardous substances. In short, include language that any pre-existing hazardous…

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak (Part 6 of 16)

Pre-Approved and Required Contractors: Tenant Advocates: If a tenant is performing work impacting certain aspects of a building’s electrical system, the tenant should try to secure language that the electrical…

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance (Part 7 of 16)

Landlord Advocates: Landlords need to have a death like stranglehold on the tenant improvement allowance until a series of benchmarks are achieved by a tenant. Timing for Initial Tenant Improvement…

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Parts 8 & 9 of 16)

Architectural Smorgasbord of Services: Theoretically, all architects in the commercial arena should: Have expertise as to all applicable laws, rules, regulations and codes in the areas that they perform services…

Landlord & Tenant Work: Negotiating Construction Contracts (Parts 10, 11 & 12 of 16)

The Form: Many contractors like to use their own construction contract when performing a project. The big picture though is that as a general statement, many of the necessary protective…

Landlord & Tenant Work: Negotiating a Landlord Work Letter (Part 13 of 16)

Doors: Landlords: From a landlord’s perspective, in an ideal world, it would like the level of detail to be included within their work letter to be as narrow and as…

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter (Part 14 of 16)

From a tenant’s perspective, one of the first questions to be asked when it comes to a landlord work letter is whether the contribution by the landlord is meant to…

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses (Part 15 of 16)

Change Orders in General: In many construction projects, it would not be uncommon for at some point between the commencement of the work and the ultimate completion of that work,…

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto (Part 16 of 16)

Less than Perfect and Substantial Completion: In any lease, the definition of “substantially completed” as to the improvements being done to a space by a landlord needs to be defined…

A

Abatement: The reduction or elimination of a portion of rent during the lease term. Commonly referred to as “free rent,” “rent abatement” or a “rent concession.” An abatement may be…

B

Base Rent: Base Rent is the minimum or base amount of rent payment as set out in a lease and is often referred to as “fixed rent.” Generally stated, base…

C

Capitalization Rate (a.k.a. “Cap Rate”): The rate of return on a real estate investment property based upon the income that the property is expected to produce. A capitalization rate can…

D

Dark Shell: See “Cold Shell.” Deed in Lieu of Foreclosure: A deed by which a borrower voluntarily gives title to real property to the bank (i.e. the mortgagee) in exchange for the…

H

Hard Costs: The readily quantifiable costs of a construction project that become part of the improvements made such as land, a building, inventory, systems, equipment, or machines. These hard costs contrast…

L

Land Lease: See “Ground Lease.” Landlord Approval | Landlord Consent: A situation in which a tenant must get the permission of landlord before proceeding with its course of action. Generally, situations…

S

Sale-Leaseback: A real estate sales transaction in which the owner of a property sells the property to a buyer, and after the closing of title to the property, the seller…

T

Tap In Fee: For its supplemental air-conditioning system, the charge to a tenant for the right to tie into a building’s condenser water loop. Generally between $1,500 to $5,000.00 in…

U

Unamortized Cost: The actual cost of an asset or concession less the depreciation or amortization of such item, generally on a straight line basis (e.g., landlord’s work and/or a brokerage commission,…

Leasing REality’s Top 100+ Leasing Intervention™ Tips

Includes 100+ Commercial Leasing Topics Leasing REality’s Top 100+ Leasing Intervention™ Tips Download SlidesMore Slides

The Luv The 1 U R With, George Benson, Jerry Garcia, LeBron James & Sting “So Lonely Drive-In Movie” Theory

Theory #7 | 3:55 Table of Contents

Theory #7

Theory #7 The Luv The 1 U R With, George Benson, Jerry Garcia, LeBron James & Sting “So Lonely Drive-In Movie” Theory Previous ChapterTable of ContentsNext Chapter When it comes…

Cannabis Issues in Commercial Leasing

Master Your Leasing Domain Cannabis Issues in Commercial Leasing Previous ChapterTable of ContentsNext Chapter Welcome back my leasing brethren to today’s session on “Cannabis in Commercial Leasing.” Before we, in…

Landlord’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 17)

Part 17 Landlord’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) Previous ChapterTable of ContentsNext Chapter In a landlord’s ideal (and sometimes fantasy) world, its Landlord’s Work LOI provision…

Tenant’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 18)

Part 18 Tenant’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) Previous ChapterTable of ContentsNext Chapter To witness the transformation of an office or retail space from that of,…

Hazardous Materials: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 21)

Part 21 Hazardous Materials: Negotiating and Preparing a Letter of Intent (“LOI”) Previous ChapterTable of ContentsNext Chapter From a landlord perspective, one of the many ancillary benefits of only having…

The Luv The 1 U R With, George Benson, Jerry Garcia, LeBron James & Sting “So Lonely Drive-In Movie” Theory

Cannabis Issues in Commercial Leasing (Part 2)

(Part 2 of 2) | 10:28 Table of Contents

Hazardous Materials: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 21)

The Luv The 1 U R With, George Benson, Jerry Garcia, LeBron James & Sting “So Lonely Drive-In Movie” Theory

Negotiating Theories to Succeed in Life, Marketing and Commercial Leasing (Part 7) When it comes to tenant retention and lease renewals, and the consequential financial fallout and costs associated with…

Flexible Accessibility in Real Estate Design

Creating an environment that is flexible in nature and accessible to all is a necessity in our present and future world, as the wants and needs of Millennial, Gen Z…

Landlord’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 17)

(Part 17 of 24) | 8:05 Table of Contents

Tenant’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 18)

(Part 18 of 24) | 8:58 Table of Contents

Hazardous Materials: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 21)

(Part 21 of 24) | 3:12 Table of Contents

Landlord’s Work within a Letter of Intent (“LOI”)

Landlord Advocates: Ideally, a Landlord’s Work LOI provision would state that “Tenant accepts the premises “as-is”,” in order to generally: relieve the landlord of any liability as to the condition of…

Tenant’s Work within a Letter of Intent (“LOI”)

When it comes to a tenant taking much more than a hammer to hang a picture frame within its premises, in the eyes of many landlords, it is their preordained…

Hazardous Materials within a Letter of Intent (“LOI”)

From a landlord perspective, one of the many ancillary benefits of only having to deliver the space to a tenant in its “as-is” condition is that effectively, the tenant will…

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Asbestos “Happy Sad” Compromise Language

Basic Tenant Work

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips (Part 1 of 16)

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics (Part 2 of 16)

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance (Part 3 of 16)

Landlord & Tenant Work: Tenant Work Related Protection Concerns

Landlord & Tenant Work: Tenant Work Related Protection Concerns (Part 4 of 16)

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause (Part 5 of 16)

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak (Part 6 of 16)

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance (Part 7 of 16)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 1 of 2)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 8 of 16)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 2 of 2)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 9 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 1 of 3)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 10 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 2 of 3)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 11 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 3 of 3)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 12 of 16)

Landlord & Tenant Work: Negotiating a Landlord Work Letter

Landlord & Tenant Work: Negotiating a Landlord Work Letter (Part 13 of 16)

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter (Part 14 of 16)

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses (Part 15 of 16)

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objections Thereto (Part 16 of 16)

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance

Landlord & Tenant Work: Tenant Work Related Protection Concerns

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 1 of 2)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Part 2 of 2)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 1 of 3)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 2 of 3)

Landlord & Tenant Work: Negotiating Construction Contracts (Part 3 of 3)

Landlord & Tenant Work: Negotiating a Landlord Work Letter

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto

Landlord & Tenant Work: Design and Construction Drawing Leasing Tips (Part 1 of 16)

Landlord & Tenant Work: Negotiating a Tenant Work Clause – The Very Basics (Part 2 of 16)

Landlord & Tenant Work: Compatible Labor, Union/Non-Union Labor & Legal Compliance (Part 3 of 16)

Landlord & Tenant Work: Tenant Work Related Protection Concerns (Part 4 of 16)

Landlord & Tenant Work: Hazardous Material, Garbage, Freight & Security Provisions in a Tenant Work Clause (Part 5 of 16)

Landlord & Tenant Work: A Landlord’s Need to be a Control Freak (Part 6 of 16)

Landlord & Tenant Work: Negotiating a Tenant Improvement Allowance (Part 7 of 16)

Landlord & Tenant Work: Negotiating Work Clauses & AIA Construction Contracts (Parts 8 & 9 of 16)

Landlord & Tenant Work: Negotiating Construction Contracts (Parts 10, 11 & 12 of 16)

Landlord & Tenant Work: Negotiating a Landlord Work Letter (Part 13 of 16)

Landlord & Tenant Work: Timing Issues in a Landlord Work Letter (Part 14 of 16)

Landlord & Tenant Work: Negotiating a Tenant Change Order & Tenant Extra Work Clauses (Part 15 of 16)

Landlord & Tenant Work: Landlord’s Substantial Completion & Tenant’s Objection Thereto (Part 16 of 16)

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Leasing REality’s Top 100+ Leasing Intervention™ Tips

The Luv The 1 U R With, George Benson, Jerry Garcia, LeBron James & Sting “So Lonely Drive-In Movie” Theory

Theory #7

Cannabis Issues in Commercial Leasing

Landlord’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 17)

Tenant’s Work: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 18)

Hazardous Materials: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 21)