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Tricks and Traps of Tenant Improvement Money (teleseminar)
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This program will provide you with a real world guide to drafting and reviewing lease work orders for commercial real estate.

8/9/2017
When: 08/09/2017
1:00 PM to 2:00 PM
Where: United States
Contact: (404) 521-0781


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One-hour CLE programs are just a phone call away
Convenient, affordable, timely and informative
 
An 800 number connects you to nationally recognized practice leaders who will speak on important issues and emerging trends in the law. You can also pose your own questions to the speakers. Written materials and other details are emailed in advance to pre-registrants.
 
TRICKS AND TRAPS OF TENANT IMPROVEMENT MONEY, 1 CLE hour
 
Landlords generally provide new tenants a certain allowance of money to improve the premises to fit the tenant’s needs.  The amount of money involved is highly negotiated by the parties and depends on the nature of the building or other premises (new build versus existing), the state of the local market, and the use of the premises and the duration of the lease.  Tenant improvement money, once agreed to by the parties, is controlled by a work letter that can rival the underlying the lease for complexity.  There are issues of who performs the work (the landlord or third-party contractors), who controls performance of the work, deadlines for completion, the consequences of delays, the ownership of fixtures, and much more. This program will provide you with a real world guide to drafting and reviewing lease work orders for commercial real estate.

Economics of tenant improvement money
Essential components of commercial lease work letters
Buildouts in new construction v. existing buildings 
Reps and warranties in work letters, including liens
Landlord v. tenant hiring, approval and control of contractors
Work delays, change orders, punch lists and delivery to tenant
Ownership of fixtures and other improvements
Overview of tax issues depending on treatment of tenant improvement money

Speaker:

David C. Camp is a partner in the Denver office of Senn Visciano Canges, PC, where he represents clients in all aspects of real estate transactions.  He has extensive experience in leasing, development, construction, financing and ownership issues.  He also has substantial experience in commercial finance matters, most frequently corporate and real estate financing, including mezzanine loans, construction loans, and traditional loan matters.  Mr. Camp received his B.A. cum laude from Middlebury College and his J.D. from the University of Pennsylvania Law School.
 

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