Events Calendar

Introduction to the Principles of Commercial Leasing

Instructor: Michael Leroux
Pre-requisites: Must hold a valid license for trading under the Real Estate Services Act.
PDP accredited: Cat. B - 6 credits

This course offers an introduction to commercial leases. It is designed for the residential REALTORĀ® who may be interested in gaining understanding and knowledge of the basic components of an Offer to Lease, and the leasing process.

The Landlord/Tenant relationship is very different than a seller/buyer relationship. There are many important issues that can adversely affect this business relationship if the lease agreement is poorly understood or poorly constructed. Landlords and tenants look to REALTORSĀ® for their expertise and guidance in completing a successful leasing process.

In this introductory course, participants will be introduced to how a commercial lease is created and its basic component parts, certain significant provisions, and the different types of commercial leases. Using a case study, participants will take part in a hands-on activity to prepare a simple and binding Offer to Lease.

The concepts which will be learned will have application to commercial retail units, office space and warehouse premises.


Learning Outcomes: Upon completion of the course, participants will be able to:

  • Define the basic terminology of commercial leases.

  • Describe the different types of tenancies.

  • Explain the essential elements of a commercial lease.

  • Identify the different types of commercial leases.

  • Recognize the common provisions of commercial leases.

  • Identify key differences between leases of strata lots and standard commercial premises.

  • Describe the differences between Guarantor, Indemnitor and Covenantor and when to apply them.

  • Successfully prepare a simple and binding Offer to Lease including avoiding key risks and errors.

  • Once you have registered, don't forget to download the course material.

    Cost:

    REBGV Members: $150 +tax;

    Non-REBGV Members: $180 +tax

    Contact Information:
    Real Estate Board of Greater Vancouver
    memberservices@rebgv.org or call 604-730-3090
    REBGV Members - please login to rebgv.ca to register.


    Jan
    28
    January 28, 2019
    9:30AM – 4:00PM

    Location:
    Real Estate Board of Greater Vancouver
    2433 Spruce Street, Vancouver, BC