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Thursday, November 8, 2018, 1:00-2:00pm

Common area expenses (CAM) are part of virtually every office and retail lease.

These expenses cover everything from parking lots and reception areas to common meeting spaces and restrooms.

In triple net leases, landlords seek to recover these expenses from tenants. This can be a significant component of a tenant’s lease expense and they negotiate with landlords over scope of CAM, caps or other limitations, and audit rights. Landlords and lenders are often reluctant to give any concessions.

This program provides a real-world guide to negotiating and drafting CAM provisions in commercial leases.

  • Scope of common area maintenance (CAM) expenses
  • Relationship to minimum maintenance standards
  • Treatment of taxes and insurance
  • Differentiating operating v. capital expenses in CAM recovery
  • Caps on CAM, fixed CAM, gross-up considerations
  • Audit and information rights for CAM
  • Understanding landlord, lender, and tenant motivations and concerns

Click on the "In Depth" tab for tuition and speaker information.

 

Product Information
Date Presented:
November 08, 2018 1:00 PM Eastern
Length:
1 hour
Registration Fee:
Free
Common Area Maintenance, Insurance, and Taxes Provisions in Commercial Leases | Phone/Audio Streaming
TUITION RATE.   

All Attendees: $80


Early discount and CLE Premier Pass rates are not available for this program. 

FACULTY. 
Speaker Information
Richard R Goldberg   [ view bio ]
Anthony Licata   [ view bio ]
Individual topic purchase: Selected
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00
Questions?
CLE Premier Pass