Lease Agreement Pitfalls Commercial Brokers Should Know About & Purchase Agreement Pitfalls Commercial Brokers Should Know About

• Leasing-OMG why is this lease so looooooong?!
• Types of leases
• Use/Exclusivity
• Landlord Protections/Tenant Concerns
• Tenant Improvements v Alterations/Repairs
• Indemnities

• Purchase/Sale – Are all these words really necessary?!
• Title & Survey Issues
• Environmental Concerns
• The “Legalese” in a PA:
• Applicable Contingencies
• Specific Performance/Liquidated Damages
• Reps & Warranties
• Escrow Agent Protections

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