Commercial Property Management

With supervision time at a premium, the graduate surveyor or junior lawyer needs a reliable road-map to the significant moments in the life of a lease. The Focus on Commercial Lease series presents an extended case study, considering the key terms of a modern commercial lease form as applied to events over the term of a tenancy. Up-to-date caselaw is included, as well as the three key Protocols. There are four courses in the series, which are all capable of being booked individually, and viewed as standalone sessions.

The course will give an overview of the two procedures and look at recurrent issues such as whether the hypothetical lease should include a break option, what should be the assumed length of term, and how rent-free periods are taken into account in valuation. It will survey the dispute resolution options, with particular reference to the increasingly well-used PACT scheme, and consider what changes might usefully be made in the Law Commission’s current review of the 1954 Act. This course is intended for surveyors, investors, occupiers and all those involved in rent review and lease renewal negotiations or commercial property management generally.

Commercial leases are the foundation and essence of property management. Anyone who works in this area needs to be familiar with what they say, what they mean, and how to work them. It will explain the key commercial terms of a commercial lease, and focus on the problems the attending delegates have encountered. The course is ideal for administrators who have not been trained in the nuances of property - also PA's, secretaries, accounts personnel, facilities managers, newly qualified and APC candidates and will run as two virtual sessions of approximately two and a half hours in length and will include comfort breaks.