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 REALTOR® 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 REALTORS® 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:
REBGV Members: $150 +tax;
Non-REBGV Members: $180 +tax
9:30AM – 4:00PM
Real Estate Board of Greater Vancouver
2433 Spruce Street, Vancouver, BC