Description
Lease terminations are complex learn what you can do when it’s time to say goodbye.The end of a lease is just as important as its beginning. A clean break will provide peace of mind and hopefully new revenue and collection of any past due rent. When the appropriate steps are taken, landlords can quickly recover their property and protect their investment. The topics covered in this presentation will provide a greater understanding of complex issues associated with the termination of a commercial lease agreement.
Date: 2022-06-15 Start Time: End Time:
Learning Objectives
Introduction
Lease Basics; Pre- and Early Negotiation Considerations
• What Is a Lease?
• What Is a Contract?
• Commercial Lease vs. Residential Lease
• Pre-Negotiation Steps
• Early Negotiations
Drafting Tips to Give You an Edge in Termination
• Leases Generally Drafted by Landlord
• Key Provisions/Considerations Affecting Termination Rights
Different Ways a Lease Terminates and Why It Matters
• Other Ways a Lease Can Terminate
• Why the Method of Termination Matters
Steps to Effective and Efficient Lease Termination
Legal and Practical Considerations
Termination and Bankruptcy
• Bankruptcy Limitations on Landlords Remedies
• 362 (b)(10) Exception Only Applies to Leases Terminated by the Expiration of the Stated Term of the Lease
• How Do You Get Relief From the Automatic Stay?
• Ipso Facto Provisions Not Enforceable
• Trustees Rights and Responsibilities Under Section 365
• Consequences of Rejection If Landlord Is a Debtor
Questions and Answers
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Kirk B. Burkley, Esq.-Bernstein-Burkley, P.C., Brian W. Walsh, Esq. – Bernstein-Burkley, P.C.
