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September 2019

CO-1, Understanding Operating Costs

September 16 @ 8:45 am - 10:15 am
JW Marriott Marco Island Marco Island, FL United States

A tenant’s base rent obligations are clearly outlined in the lease agreement, but what makes up those additional reimbursable costs referred to as operating expenses? This basic class will provide you with an understanding of the types of expenses, services, obligations, and events defined as an Operating Expense and will provide insight as to how these added expenses should be viewed given two key factors: different types of locations and different types of lease agreements. This course is an introduction…

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LA-5, The Ins & Outs of Co-Tenancy

September 17 @ 9:00 am - 10:30 am
JW Marriott Marco Island Marco Island, FL United States

This basic presentation will introduce you to the concept of co-tenancy (DESIRED TENANT MIX) and its various forms (Possession, Opening, Ongoing/Operating clauses–they are there to protect your company’s interests!) as well as other issues impacting co-tenancy such as prohibitive and exclusive use, hours of operation, continuous operation requirements and marketing/merchants association obligations. We will discuss the basics of co-tenancy such as challenges associated with the enforcement of various co-tenancy clauses–time, comprehension, research; the difference in conditional statements-how they hurt or…

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