Commercial Leasing: A Transactional Primer

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Carolina Academic Press, 2007 - Law - 489 pages
This book is the first among legal textbooks to examine a crucial component of real property practice: commercial lease law. Commercial leasing is the lifeblood of commercial real property development in the United States. Real property lawyers regularly represent landlords, tenants and lenders in the leasing of commercial space. This area of practice is transactional and centers on a single negotiated document — the commercial lease. By the end of a course based on this book, students will have developed a genuine understanding of the major terms of the commercial office lease, the goals and objectives of parties to the transaction, and the skills crucial to effective representation.Bogart and Hammond have crafted a book uniquely suited to teaching this important area of practice. The book utilizes a sophisticated commercial office lease form promulgated by the ABA. Each chapter focuses on a particular lease provision. Chapters pull apart contractual language and terms of art, reveal the motivations of the parties to the deal, and finally, examine the underlying substantive law. In addition to presenting interesting case opinions, each chapter provides numerous challenging, real-world problems. Chapters typically conclude by asking students to apply what they have learned to provisions taken from the much-publicized “Killer Lease.” The book includes a chapter explicitly discussing professionalism, ethics and negotiations, and contains drafting and negotiation exercises that force students to pull together skills and substantive law lessons. This book will form the basis of an exciting elective real estate transactions course.

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Contents

The Precursor to the Lease
3
Premises Defined
11
Term
27
Copyright

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About the author (2007)

Daniel Bogart is a Professor of Law and Director of the Law Resources Center at Chapman University School of Law.Celeste Hammond is a professor at The John Marshall Law School.

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