Drafting and Negotiating Real Estate Leases

Online Class material is 100% online, accessible by all standard web browsers. Use your desktop, laptop, tablet, or smartphone--your progress will by synced across all devices.

On-Demand The class is fully asynchronous. Do the work at your own pace, turn in your assignment when you're ready, and get instant feedback via model answers and video review sessions.

Interactive Learn with dynamic, interactive modules that keep you engaged in active learning using a variety of learning modes.

Experiential Includes practical assessments throughout the class, plus a capstone assignment where you apply your skills in the context of a real-world matter.

Overview

This course introduces students to the process of drafting and negotiating real estate leases. It begins by providing an overview of the commercial lease process, including differences between different types of commercial leases and the junior associate’s role in a commercial lease transaction. The course then explores preliminary concepts, such as common terms, associated tasks that occur before and after drafting, and the form of lease required in the transaction. Lastly, the course explores the key provisions of a lease agreement, beginning with a broad view of the structure of a typical commercial lease, and the provisions contained in the lease summary, lease body, and the exhibits and addenda included in a commercial lease.

Objectives

Upon completion of this course, participants will be able to:

Explain the commercial lease process.
Identify common types of commercial leases.
Review a legal document request form and incorporate the provisions into a form lease amendment.
Understand the junior associate’s role in the lease drafting and negotiation process.
Differentiate between and explain the purpose of various ancillary documents relating to commercial leases.

Simulation Exercise

Your client, ABC Properties, owns a shopping center commonly referred to as “ABC Shopping Center.” ABC Properties’ tenant, The Best Coffee Shop, Inc., a California corporation, has a lease that is nearing the end of its lease term and the parties have negotiated a lease extension, along with some additional revisions to the Lease. The tenant has completed the Legal Document Request Form which outlines the basic deal points of the proposed Amendment. The student will review the Lease and the Legal Document Request Form and prepare a draft of a Lease Amendment that incorporates all the requested provisions.

Instructors Who Practice What They Teach

Adriel Sanders

x-Bryan Cave Leighton Paisner

David Case

x-White & Case; x-Orrick

Doug Young

x-Baker McKenzie; x-White & Case

Aaron Melville

Global Head of Tech Transactions, Uber; x-Disney; x-O’Melveny; x-Weil Gotshal

Chris Drews

x-Disney

Julie Ryan

Head of Experiential Learning, AltaClaro; x-Akin Gump; x-Clifford Chance

Mick Galvin

x-Sidley; x-Allen & Overy

Stephen Kaplitt

x-Weil Gotshal; x-Cadwalader

Clara Duffield

x-Baker McKenzie

Mike Shea

x-Baker McKenzie, x-Morrison & Foerster

John Babcock

Partner, Waldrep Wall

Success Stories

"I think this is a gamechanger for training. Associates can benefit from the guidance of real practitioners and learn in a low stakes environment."

Anjie Vichayanonda Associate, Haynes & Boone LLP

"As an experienced practitioner who has worked in both AmLaw 100 and public company, in-house environments, the training AltaClaro provided helped supplement my knowledge of corporate law."

Ryan Nayar Legal Counsel, Centrica

Interested in this Class?

Our master classes are delivered in an experiential "bootcamp" framework. Students participate in small cohorts that go through the learning materials, assignments, and live review sessions together with experienced practitioner-instructors.

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