CLE Accredited Live Webinar: Commercial Leasing: Handling Lease Negotiations When a Nonprofit Organization is Facing Financial Strains

Many nonprofits are grappling with fiscal challenges, whether due to delays in New York City contracting payments or a decline in philanthropic dollars. An organization's rent is often its largest expense after payroll.  When you are representing a nonprofit in a commercial lease negotiation, it is important to carefully review rent escalations, additional rent charges, and any other pass-through expenses to avoid surprises later on. During this CLE you will learn practice tips for representing a nonprofit organization in a commercial lease negotiation with a view toward highlighting the hidden expenses and escalations that will mean additional liability for your client.  Additional topics covered will include negotiating a right to terminate, the importance of the "use" clause, and the assignment and subletting provisions.

Learning Objectives: To understand how to negotiate a lease to the best advantage of a nonprofit client, and to help them avoid hidden costs.

For Board members and legal advisors to nonprofit organizations.

Presenters: Hedwig O’Hara, Legal Director and Lori Moses, Senior Staff Attorney

NYS CLE credit: This program has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of one (1.0) credit hour which can be applied toward the professional practice requirement.

Payment Options: This program is free for all current Lawyers Alliance volunteers. It is $100.00 for all other attorneys. Full or partial scholarships are available based on financial need. E-mail CLEregistrar@lawyersalliance.org for information. 

Registration: All current Lawyers Alliance volunteers should register by e-mailing their name and preferred e-mail for contact to CLEregistrar@lawyersalliance.org.   

 

Lawyers Alliance for New York has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education. This webinar course is appropriate for transitional credit for newly admitted and experienced attorneys.