FREE LIVE WEBINAR: Commercial Lease Law: Premises Liability & Allocation of Risk
Webinar Duration: 1 hour, including 15 minutes for Q&A
Free to Attend
During lease negotiations, commercial property landlords and tenants seek to allocate between them the risks of personal injury and property damage occurring on the premises. These risks are often addressed in insurance and indemnification provisions.
This complimentary webinar will provide suggestions and strategies for negotiating and drafting commercial leases that appropriately address and allocate premises liability risks.
The program is geared to:
- Property Owners
- Property Managers
- Leasing Agents
Speakers Sujata Yalamanchili and Michael Reyen of the law firm Hodgson Russ LLP will address the issues from both the landlord and tenant's perspectives, review court rulings in the area, and provide guidance in both negotiating and drafting the relevant lease clauses.
They will cover:
- The need to allocate risk between the landlord and tenant, including the risk of loss and property damage, and liability for accidents/injuries that take place in the leased space.
- Types of occurrences that should be considered and guarded against.
- Negotiating and drafting lease provisions that allocate and limit risk.
- How the landlord can avoid liability to a third party for property damage and injury at the leased property.
- The role of indemnification clauses.
- The role of insurance clauses.
- What types of insurance provisions landlords should be aware of that can protect them.
- How to negotiate and draft insurance provisions in the lease.
Please Note: The information contained in this webinar is provided by Vendome Real Estate Media and is intended for educational and informational purposes only, and should not be construed as legal advice or as an offer to perform legal services on any subject matter.
Sujata Yalamanchili, Esq.,
Partner, Hodgson Russ LLP
Sujata Yalamanchili is the leader of Hodgson Russ's Real Estate, Finance & Bankruptcy Practice Area. She draws upon her extensive experience in business and commercial real estate development, commercial leasing, and real estate investment and financing to provide business-focused legal advice to help her clients reach their goals. Her experience includes structuring acquisition and development projects for office, distribution, and manufacturing facilities of numerous companies in a variety of industries; advising retail sector developers and operators in development, acquisition, leasing, financing, and 1031 exchange matters; and handling real estate financing matters, including nontraditional sale leaseback and ground-lease matters.
Michael E. Reyen, Esq.,
Senior Associate, Hodgson Russ LLP
Michael E. Reyen represents companies, developers, landlords, tenants, financial institutions, municipalities, and nonprofit organizations in a wide range of commercial real estate matters, including the acquisition, financing, and leasing of commercial real estate. In connection with his commercial real estate practice, Michael has counseled clients on state and local tax incentive programs, including with industrial development agencies; telecommunication leasing; 1031 exchange matters; large-scale renewable energy projects; municipal and school district property transactions, and real property tax.
Elizabeth Purcell-Gibney, editor of Commercial Lease Law Insider