| Dealing with Insurance and Uninsured Risks in Commercial Leasing |
This webinar is for practitioners who handle commercial property work involving leases which cover the concepts of negotiation and revisal needed to deal with insurance clauses, in particular the problem of uninsured risks. The session goes on to cover repairs liability.
The wrong drafting can render a property unmarketable and can have unexpected results for the parties involved. This webinar provides the necessary tools for dealing with these issues.
Having viewed this webinar you will have a better understanding of the following:
Please note: All of our CPD is verifiable. However, for Trainees this seminar will count towards your 20 hours of non-authorised TCPD - it WILL NOT count towards the required 40 hours of authorised TCPD. For authorised TCPD, please click here.
The wrong drafting can render a property unmarketable and can have unexpected results for the parties involved. This webinar provides the necessary tools for dealing with these issues.
Having viewed this webinar you will have a better understanding of the following:
- Interaction between repairs and insurance clauses
- Problems with definition of insured risks
- Obligation of parties
- Shortfall in insurance
- Reinstatement and termination provisions
- Redevelopment option
- Principle of “average”
- Dangers in drafting clauses relating to uninsured risks
- Obligations of parties relating to uninsured risks
- Timetable for dealing with what happens after damage by uninsured risk
- Rent abatement issues
Please note: All of our CPD is verifiable. However, for Trainees this seminar will count towards your 20 hours of non-authorised TCPD - it WILL NOT count towards the required 40 hours of authorised TCPD. For authorised TCPD, please click here.
