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Dealing with Difficult Commercial Tenants (Short of Eviction)

presented by Lorman Education Services
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Summary

Dealing with Difficult Commercial Tenants (Short of Eviction)

Workshop Description/Agenda

Learning Objectives
Learning Objectives * You will be able to identify potentially difficult tenants prior to leasing. * You will be able to recognize the early warning signs when tenants begin to fall into distress after leasing. * You will be able to discuss the legal, financial, and other incentives that drive lease workouts and how to use them for leverage. * You will be able to describe the virtues of using landlordtenant court to structure and enforce negotiated settlements.

Benefits
Problem tenants are everywhere learn what you can do to prevent a bad egg. Every commercial landlord has to deal with difficult tenants, but it is not always evident prior to leasing space just which types of tenants are most likely to later become problematic. Moreover, even longterm good tenants can become distressed when money is tight, with potentially serious consequences for a landlord (as well as its investors and lenders). This topic will enable those who work with tenants to better identify the types of tenants who tend to create difficulties and to implement procedures to avoid (or at least mitigate) the harm they can cause. A key part of this approach is understanding the legal, financial, and other incentives that drive tenant behavior in order to negotiate better lease workouts. Even the best agreement is no help if it cannot be enforced. Learn how to structure negotiated settlements and avoid expensive eviction proceedings in landlordtenant court.

Agenda
Love and Money • The Varieties of Difficult Tenants • Warning Signs Pre and Post-Leasing of Potentially Problematic Tenants • Establishing Procedures to Avoid Bad Decisions and Reduce Risk Negotiating With Difficult Tenants • Understanding Financial and Other Incentives in Lease Workouts • Strategies to Take When Negotiating With the Varieties of Difficult Tenants • Pitfalls to Avoid in Negotiations When All Else Fail the Use and Abuse of Landlord-Tenant Court to Enforce Negotiated Terms • Stipulated Settlements • Confessions of Judgement (in Some States) • Entering a Judgment With a Stay of Execution (in Other States)

Faculty
Hope K. Plasha, Esq. with Patterson Belknap Webb & Tyler LLP

Credits
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request.

Who Should Attend

This live webinar is designed for attorneys, presidents, vice presidents, real estate professionals, owners, property managers, landlords, developers, lenders, collection professionals and accountants.

Additional Information

Training Provider: Lorman Education Services

Course Topics: Business Skills Training > People Management

Training Course Summary: Dealing with Difficult Commercial Tenants (Short of Eviction)


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