This workshop focuses on some of the more complex commercial property documents. Delegates will consider a number of different specimen clauses and how to protect their clients' position while making the appropriate compromises to ensure that the deal is done. Numbers are limited to 25 to ensure that the objectives of the course are achieved.
The following will be covered:
- Agreements for lease subject to building obligations:
- how to protect the tenant against inherent defects
- measurement, extensions of time, liquidated damages and long stop dates
- Contracts conditional upon planning:
- defining the condition; onerous provisions; planning agreements
- obligations to apply for planning
- how much? the trigger events
- anti avoidance provisions, security
- Options: why use an option rather than a conditional contract? The option period; how to exercise the option; phased options.