About This Course
Asset disposal is a critical component of exit obligations, alongside the relocation and handback of premises. Properly managing this process ensures compliance with lease terms and smooth transition for both tenant and landlord.
This course equips Tenant Representatives with the knowledge to navigate lease exit requirements, ensuring that the landlord’s asset is returned in the agreed-upon condition. While normal wear and tear is often expected, tenants may also be required to remove fixtures and reinstate spaces to their pre-lease state. Managing the disposal of redundant or retired assets is a key part of this process.
By the end of this course, you will:
- Understand the role of asset disposal in fulfilling lease exit obligations.
- Learn how to assess reinstatement requirements and negotiate necessary removals.
- Identify best practices for managing redundant or retired assets.
- Ensure a smooth lease exit process that aligns with legal and contractual obligations.
Topics Covered:
- Responsibilities of the Exit Strategy Team
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
