Reading and Interpreting Leases
Leases are among the most important documents a real estate manager will encounter during his or her career. But, if you are like most managers, you probably have never “really” read your leases in their entirety. In this session, you will learn how to critically read and interpret leases – with an emphasis on the sections that have the most potential to impact the landlord and/or the tenant.
- Discuss how to critically read a lease agreement
- Explain how to interpret leases based on common industry practices – as well as the specific wording included in the document. (There are often discrepancies between the two.)
- Identify the most important sections of the lease to include on a lease abstract.
P. Marc Fischer, BOMA Fellow, MBA, CPM®, RPA®, CCIM®, LEED® Green Associate
InspiRE CRE, LLC
P. Marc Fischer, BOMA Fellow, MBA, CPM®, RPA®, CCIM®, LEED® Green Associate is President & CEO of InspiRE CRE, LLC, a Mid-Atlantic-based commercial real estate consulting and training organization. A former president of BOMA/Baltimore, Fischer is an inaugural member of the BOMA Fellows program. In addition to authoring many BOMA International courses and publications, including the Foundations of Real Estate Management program, he is a sought after speaker on a variety of commercial real estate topics.