Problem tenants are everywhere - learn what you can do to prevent a bad egg.
Every commercial landlord has to deal with difficult tenants, but it is not always evident prior to leasing space just which types of tenants are most likely to later become problematic. Moreover, even long-term good tenants can become distressed when money is tight, with potentially serious consequences for a landlord (as well as its investors and lenders). This topic will enable those who work with tenants to better identify the types of tenants who tend to create difficulties and to implement procedures to avoid (or at least mitigate) the harm they can cause. A key part of this approach is understanding the legal, financial, and other incentives that drive tenant behavior in order to negotiate better lease workouts. Even the best agreement is no help if it cannot be enforced. Learn how to structure negotiated settlements and avoid expensive eviction proceedings in landlord-tenant court.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Love and Money
- The Varieties of Difficult Tenants
- Warning Signs Pre and Post-Leasing of Potentially Problematic Tenants
- Establishing Procedures to Avoid Bad Decisions and Reduce Risk
Negotiating With Difficult Tenants
- Understanding Financial and Other Incentives in Lease Workouts
- Strategies to Take When Negotiating With the Varieties of Difficult Tenants
- Pitfalls to Avoid in Negotiations
When All Else Fail the Use and Abuse of Landlord-Tenant Court to Enforce Negotiated Terms
- Stipulated Settlements
- Confessions of Judgement (in Some States)
- Entering a Judgment With a Stay of Execution (in Other States)
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 12, 2019.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Hope K. Plasha, Esq.
Patterson Belknap Webb & Tyler LLP
- Counsel at Patterson Belknap Webb & Tyler LLP in New York City
- Broad-based national and international real property practice, with a special emphasis on complex commercial leasing
- Completed leases in dozens of US states and nearly 40 different countries overseas, involving more than a billion dollars of investment
- Regularly speaks on topics in commercial leasing
- Recently admitted to the American College of Real Estate Lawyers
- Named a 2014 and 2019 Super Lawyer (and Top Woman Lawyer in New York)
- Named in the 2014 and 2019 Euromoney Construction and Real Estate Expert Guide
- J.D. degree, Yale Law School; M.Litt degree, Oxford University; B.A. degree, Columbia University
- Can be contacted at [email protected]
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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