Best place to learn about commercial real estate leasing contracts?
Looking for resources that will give me the best understanding of how to write and read a contact for leasing.
[{"id": "ib5xprf", "text": "I\u2019d suggest the book Negotiating CRE Leases by Martin Zankel supplemented by your making a list of questions and discussing with a senior in your office. Additionally, reading leases your firm has already completed will be helpful, particularly if they save each version\u2019s redline as being negotiated. \n\nNone of this is a substitute for a good CRE attorney, particularly if you are new to this. Ask a broker in your market who their favorite CRE attorneys are and you\u2019ll be set up with a good recommendation or two.", "replies": [], "depth": 1}, {"id": "ib5z212", "text": "This is pretty useful too. https://www.adventuresincre.com/cre-legal/", "replies": [], "depth": 1}, {"id": "ib69he4", "text": "Depending upon your location AIR is an excellent resource for those of us on the west coast. Their site is [https://www.aircre.com/](https://www.aircre.com/)   Their contracts are the standard here, unless the contract/lease is written by an attorney for the client. \n\nBest way to see and understand how leases are written is to review other leases written by your firm for your product type (as mentioned by \"mybrokerhat\").", "replies": [{"id": "icqslz4", "text": "I work on deals nationally and AIR leases are so painful \ud83d\ude2d", "replies": [{"id": "icqzrn4", "text": "They tend to be more Landlord friendly, but they cover remedies for breach whereas the CAR Commercial Lease agreement only says what a breach is. I like using them because they cover most aspects of the Lease and have all of the updated environmental and ADA required lingo in them.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ib6ily7", "text": "Where are you located at? Makes a difference", "replies": [{"id": "ibejenb", "text": "NC", "replies": [], "depth": 2}], "depth": 1}, {"id": "ib6p557", "text": "Start cold calling tenants \ud83d\ude0e", "replies": [{"id": "ig91ouv", "text": "How do you find tenants? Do you use lead generation or a VA?", "replies": [], "depth": 2}], "depth": 1}, {"id": "ib73kum", "text": "On the job reading contracts", "replies": [], "depth": 1}, {"id": "ibs0y7y", "text": "When I started out I would ask a lot of brokers that I highly respected if they could find me one of their most intricate leases. I collected quite a few of them. I would try to use some of the clauses and most held up, but what I found is that there are trends in the brokerage and legal community. A clause that was used 10 years ago just doesn't seem right in a current lease.  \n\nNowadays I stick to clauses or lease forms that are constantly updated by teams of attorneys, like AIR or a book I like called Best Commercial Lease Clauses. \n\nI'm literally in a legal battle right now because of a vague clause a broker wrote in a lease about 7 years ago. He's a great office broker and has a name in the area, but you can tell he just wrote this clause because his client requested it and he wrote it verbatim from his client to appease him and get the commission. (It was an assignment clause). \n\nI used to try to be stylish and add clauses that I thought helped out my client, but now I stick to boiler plate leases and if they need anything specific drafted up I ask the client to please consult with their attorney and if they won't or can't then I'll give it a go.", "replies": [{"id": "ibvqpla", "text": "Thanks... i can't find the book you mentioned", "replies": [], "depth": 2}, {"id": "ig91w3c", "text": "Can you share an example of your basic lease contract go to? We have rentals, some long term and some short term. I'm an agent.", "replies": [], "depth": 2}], "depth": 1}, {"id": "igutbut", "text": "There are certainly many resources to learn about these online, I would second the book Negotiating CRE leases as suggested below. I would also add that you may want to work with or chat with a commercial real estate broker. They work directly with landlords and tenants on a daily basis so they can give great insight to how the business works and how to negotiate, learn, and understand leases. \n\nWe provide resources for CRE brokers and investors and though I don't have resources listed specifically for learning leases just yet, your question sparked my interest in adding it. \n\n[www.realestatewallets.com](https://www.realestatewallets.com)", "replies": [], "depth": 1}]