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The Basics of Commercial Leasing
Date: June 9, 2020
Time: 9:00 AM - 10:00 AM
Event Description
Business owners sign commercial leases without truly understanding the lease and obligation terms. If you are currently leasing a commercial location, thinking about signing a commercial lease, or renewing your commercial lease, there are many things to consider and understand about the commercial leasing process. Timothy D. Ferris, Law Offices of Ferris & Selby, will guide you through understanding the basics of commercial leasing. Topics include: How to Determine Your Needs/Budget, Locating Suitable Premises, First Steps in Negotiation of Lease -Letter of Intent (LOI), Draft Lease/Essential Terms in a Lease, Net Lease versus Gross Lease, Monthly Rent and other costs, Insurance/Maintenance, Term/Extensions/Options, other com-mon and important terms, Termination, and Review of CAR standard commercial lease form.
