Save 20% on Any Course or the All-Access Pass with Discount Code: YEAREND2018 until 12/16/2018.
Show navigation

Available in:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

Negotiating the Build-to-Suit Lease

Learn how to address and negotiate the unique issues that arise in build-to-suit leases.

Build-to-suit leases present certain different issues from typical leases of existing space and buildings. In most leases, the building is already in place, and the additional required work to prepare the premises for the tenant's use consists of mostly interior improvements or will be undertaken by the tenant itself. In a build-to-suit lease, the building may not yet be constructed, or the landlord will take on substantial work to renovate significant portions of the property and the building to accommodate the particular tenant's use, or the landlord will be solely responsible for all interior improvements and the risks as to the cost of the same. The parties are sometimes working from preliminary plans in negotiating the development of the space or the entire site. Build-to-suit tenants are often seeking to take space to meet a key business need or to consolidate functions, and as a result, the timing of completion is critical. As a result, the parties need to clearly understand the factors which could affect the time line for construction, completion and occupancy. This topic will address some of the key elements necessary to assure that the unique issues of build-to-suit leases are adequately addressed in the lease, and the negotiations leading to the lease.

Runtime: 89 minutes
Purchase Options

More Program Information

Why Lorman?

Over 31 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

Key Issues in Build-to-Suit Leases

Time Line

  • Entitlement, Permit and Plan Status
  • Timing for Preparation of Construction Drawings and Building Permits
  • Key Contingency Dates
  • Resolving Construction Period Issues

Cost Factors

  • Use of Maximum Allowances to Control Changes
  • Determination of Rent in Reference to Build to Suit Costs
  • Extension Option Rent

Delivery of Premises

  • Early Delivery of Portions of Building to Meet Tenant Start Needs
  • Delays in Delivery and Remedies
  • Non-Landlord Delays (Force Majeure, Tenant Delay, Permitting Delay)
Purchase Options

More Program Information

Why Lorman?

Over 31 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 Webinar

This course was last revised on August 21, 2018.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • NY CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • NY CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 31 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

Kenneth S. Kramer

Kenneth S. Kramer

Nossaman LLP

  • Partner with Nossaman LLP
  • More than 35 years of experience as a real estate attorney
  • National practice involves advising developers and investors on a full spectrum of office, industrial, and retail property and portfolio transactions, including acquisitions and dispositions, leasing, financing, joint ventures, workouts and distressed transactions, and alternative energy transactions
  • Former Chair of Nossamanís Real Estate Transactions Practice Group, and is the firmís current Assistant Managing Partner
  • Lectured on a variety of real estate topics, including purchase and sale transactions and leasing
  • J.D. degree, University of Southern California School of Law; B.A. degree, University of Pennsylvania
Purchase Options

More Program Information

Why Lorman?

Over 31 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.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 403943
Published 2018
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!