Instructor for this course
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This course provides useful and practical knowledge for lease negotiations in corporate real estate. We focus on the major business (non-legal) aspects of a commercial real estate lease. We dissect clauses of a typical lease to give the logic behind each clause, to assist you in the negotiations of new leases and in understanding existing ones.

We discuss subletting, relocation, holdover rent and other seemingly innocent clauses that can have an enormous impact and discuss how a decision today can affect your enjoyment of occupancy at a later date.

We also review several forms and analytical tools to assist in understanding the economics of a lease from a landlord, lender, and ownership perspective.

Course Series

This course is included in the following series:

3 CoursesCorporate Real Estate

  1. Managing Corporate Real Estate Operations
  2. Corporate Real Estate Leases: Analysis of Key Business Elements
  3. Disposition of Commercial Real Estate

Learning Objectives

  • Identify key elements of the decision to lease rather than buy commercial real estate.
  • Define critical points to a commercial real estate lease and identify opportunities to improve the economics of the transaction.
  • Recognize significant lease terms and clauses.
Last updated/reviewed: October 31, 2017

5 Reviews (19 ratings)Reviews

Member's Profile
Presentation slides are too vague.
3
Member's Profile
lecturer was quite boring...
5
Anonymous Author
Great overview !
4
Anonymous Author
Informative
5
Member's Profile
Informative

Prerequisites

Course Complexity: Intermediate

Prerequisite: Exposure to real estate

 

Advanced Preparation: None

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
Analysis of Key Business Elements
  25:34Net Effective Rent
  22:37The Lease Document
Conclusion
  22:55Subletting, Utilities, and Professional Assistance
SUPPORTING MATERIALS
  PDFSlides: Corporate Real Estate Leases
  PDFCorporate Real Estate Leases Glossary/Index
Course Materials
  xlsAmortization Calculator
  xlsBuy vs Rent Analysis
  DOCConsent to Sublease
  PDFEstopple Form
  xlsLease Analysis (Effective Rent Calculator)
  DOCLease Abstract
  DOCLease Summary Form (Abstract)
  xlsSite Inspection Template
  PDFSubordination Non- Disturbance and Attornment Form (SNDA)
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM