About This Course
Whether you work in commercial real estate as a tenant advisor, property manager, or on the client side, understanding leasing fundamentals is essential. A lease is a legally binding contract that outlines the terms under which a tenant rents property from a landlord. It defines the rights and responsibilities of both parties, ensuring a clear agreement for property use and payment.
You’ll learn about the key components of commercial leases, including lease terms, rental structures, and contractual obligations. This course covers the different types of leases and rental structures commonly negotiated between landlords and tenants, helping you navigate discussions and understand how these terms may be incorporated into a Commercial Lease Agreement.
By the end of this course, you will:
- Understand the fundamentals of lease agreements and their legal implications.
- Learn about different lease types and rental structures used in commercial real estate.
- Recognize key lease terms and clauses that impact landlords and tenants.
- Gain insight into the financial aspects of leasing, including gross and net lease structures.
- Identify important considerations when assessing lease agreements.
Topics Covered:
- A Legally Binding Contract
- Lease Term
- Lease Language
- Lease Documentation
- Contract Legislation
- Rental Structures
- The "Gross" Lease
- The "Net" Lease
- Other Lease Types and Rental Structures
- Key Considerations in Assessing a Lease Structure
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase