Course description
Legal professionals who deal with commercial leases will need to understand how insurance clauses work and how to amend them in practice so that they can tailor them to the needs of a typical shop, office or new development.
It is particularly important to ensure you understand the distinctions between different types of properties in order to best serve your clients.
Hannah Mackinlay presents this succinct and informative webinar which will introduce paralegals and newly qualified solicitors to the intricacies of insurance clauses for commercial leases. It will cover ‘insured risks’, suspensions of rent when insured or uninsured risks occur, break clauses on failure to reinstate by the landlord, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar will provide an introduction to those who want to understand how the insurance clauses in commercial leases work and how to amend them in practice in relation to a typical shop or office or new development.
It is important to tailor such clauses to each situation rather than assume that a 'boiler-plate' approach will work every time.
It is suitable for paralegals and newly qualified solicitors.
What You Will Learn
This webinar will cover the following:
- Who insures - landlord or tenant?
- What are the ‘insured risks’
- Problems with terrorism and fire risk
- What about ‘uninsured risks’?
- Loss of rent insurance - for how long
- Suspension of rent where insured/uninsured risks occur
- Break clauses on failure to re-instate by the landlord
- Operable both parties or just tenant
- Uninsured risks again
- Tricky issues - properties in the course of construction
- Latent defects liability
- Service charges complications
- Collateral warranties
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...