About This Course
Securities, guarantees, and insurance requirements are fundamental safeguards in commercial leasing. From cash bonds and bank guarantees to director personal guarantees and leasehold insurance, these tools provide Landlords with protection against risks such as default, damage, or early termination. Knowing when and how to apply them ensures smoother lease management and financial security for both parties.
You'll learn about the range of financial security mechanisms available, including how and when to apply them, and what risks are involved for Tenants and Landlords alike. You’ll also explore insurance obligations for both parties, gain clarity on when security deposits can be forfeited, and review best practices for reimbursement and risk mitigation.
By the end of this course, you will:
- Identify and compare types of securities and guarantees in commercial leasing.
- Understand the rules and responsibilities behind security deposits and bank guarantees.
- Learn the process and conditions for security forfeiture and reimbursement.
- Discover the key types of insurance required in lease agreements.
- Recognise how to balance Tenant obligations with Landlord protections through securities and insurance.
Topics Covered:
- What Are Securities
- Security Deposits
- Security Deposit Forfeiture
- Reimbursement of Security Deposit
- Holding Deposit
- Bank Guarantees
- Directors or Personal Guarantors
- Insurance and Insurance Providers
Course Duration: Approximately 30 minutes
Access to Course: 7 days from date of purchase
