On Demand

Plus

Relocation - Commercial Lease Clauses & Amendments

1h 3m

Created on January 03, 2025

Intermediate

CC

4.9

(169 reviews)

Course Image

Course Price

$89


  • Instant Certificate Upon Completion
  • Mobile, Desktop and Laptop Access
  • Money-Back Guarantee

Overview

Standard commercial lease forms typically include a relocation clause that permits the landlord to relocate the tenant from its original premises to other premises within a building/project. If during lease negotiations a tenant is unable to delete the relocation clause, a tenant should consider revising the relocation clause to make it more tenant-friendly. This program will provide an overview of landlord and tenant negotiation strategies for the relocation clause in commercial leases with specific emphasis on the impact of a relocation on specific businesses (e.g., office, retail, restaurant).  

The program, taught by Jo Ann Woodsum, Woodsum Law Group, will then review the provisions of an amendment dealing with the relocation of the tenant including some of the key considerations for each tenant and landlord in planning and executing the relocation.


Learning Objectives:
  1. Identify each of the landlord's and tenant's objectives in negotiating the relocation clause in a commercial lease
  2. Examine the standard elements of a typical landlord relocation clause
  3. Review a list of issues to discuss with the tenant client regarding which relocated premises in the project would be acceptable to the tenant  
  4. Break down and focus on context, i.e., whether the lease is office, retail, or restaurant
  5. Discuss each of the landlord's and tenant's goals in negotiating a lease amendment to provide for the relocation of the premises


Credits

Faculty

Jo Ann Woodsum

Jo Ann Woodsum

Woodsum Law Offices

Reviews

4.9

(169 reviews)

Recent Reviews

Insightful information with respect to leasing practice and negotiations.

Jennifer Z.Mar 12, 2025

Thorough overview of an often overlooked lease provision. Good examples.

David D.Feb 1, 2025

Doesn't come up in my world often but it is nice to have the general knowledge for when discussing the overall plans of clients.

Michael B.Jan 10, 2025

good presentation

Mark G.Jan 7, 2025

Gain access to this course, and unlimited access to 2,000+ courses, with a Plus subscription.

Explore Lawline Subscriptions