Video

  • 52 minutes

Essential Commercial Lease Provisions

 
A lease conveys an interest in real estate; i.e., the right to occupy the leased premises for the term specified in the lease. A lease also sets forth the terms of an ongoing contractual relationship between the landlord and tenant. This duality manifests itself in the lease documentation. Pre-drafting considerations should include basic questions which must be answered and factors to be considered prior to drafting the lease. They will in part determine its terms and may in fact indicate that the planned use of the premises by the tenant is not feasible or that the proposed deal requires modification.

In this 51-minute video our speaker, David J. Tracy, reviews situations between landlords and tenants in that a landlord can grant to the tenant only those rights in the real estate which it possesses. The tenant should require confirmation of the landlord's title by an express warranty of title, title examination, title certification and/or title insurance. Mr. Tracy also discusses the parties and authority to contract and extension options.

David J. Tracy is a partner in the Providence/Boston offices of Hinckley, Allen & Snyder LLP, a New England regional law firm. His practice involves all areas and aspects of commercial real estate, with particular emphasis on big box retail developments and retail and office leasing. Mr. Tracy has more than 35 years representing clients in shopping centers, ground leases, malls, and mixed use developments, as well as condominiums (residential, commercial and mixed use including vertical condominiums).
Runtime: 51 minutes

Faculty

David J. Tracy

David J. Tracy

Hinckley, Allen & Snyder LLP

Agenda

Faculty

David J. Tracy

David J. Tracy

Hinckley, Allen & Snyder LLP

  • Partner in the Providence/Boston offices of Hinckley, Allen & Snyder LLP, a New England regional law firm
  • Practice involves all areas and aspects of commercial real estate, with particular emphasis on big box retail developments and retail and office leasing
  • More than 35 years representing clients in shopping centers, ground leases, malls, and mixed use developments, as well as condominiums (residential, commercial and mixed use including vertical condominiums)
  • Extensive experience in representing developers in construction and permanent financing transactions
  • Represents numerous developers in the acquisition, leasing, development, financing and sale of various types of commercial real estate
  • Continuously listed in all best lawyer voting services since 1987
  • Member of the International Council of Shopping Centers
  • Frequent speaker at seminars involving all aspects of real estate
  • Published various articles relating to miscellaneous real estate topics
  • J.D. degree, Boston College; B.A. degree, Brandeis University
  • Can be contacted at [email protected] or 401-274-2000

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