Commercial Leasing 2015


Course Date: June 10, 2015

Total: 5h 18min

Welcome and Introduction

Simon R. Coval — Fasken Martineau DuMoulin LLP, Vancouver
D. Ross McGowan Borden Ladner Gervais LLP, Vancouver

Negotiating the Lease

  • negotiating in good faith?
  • offer to lease—deal or no deal?
  • uncertainty and agreements to agree
  • subject deals
  • key provisions to review (for tenant)
  • key provisions to hold the line on (for landlord)
  • drafting the lease agreement

Simon R. Coval — Fasken Martineau DuMoulin LLP, Vancouver
Beverly G. Ellingson Terra Law Corporation, Vancouver
Lisa Martz Gudmundseth Mickelson LLP, Vancouver

Networking Break

Living With the Lease

  • pre-commencement issues
    • problems with delivery of possession
      • prior tenant still in occupation
      • summary proceedings for possession under Commercial Tenancy Act
    • condition of premises
      • environmental condition at commencement of lease term
      • work to be completed during fixturing period (by whom and at whose expense)
      • tenant improvement allowances
  • issues arising during lease term
    • landlord's covenant of quiet enjoyment
    • additional rent and allocation of expenses
    • enforcement of operating covenants
    • assignments, subleases, change of control, and franchising
    • impact of tenant's bankruptcy
  • lease enforcement tools
    • landlord's remedies on default
    • 10 lease default remedies needed by landlords in every commercial lease

Randy G. Klarenbach Platform Properties Ltd., Vancouver
H. Scott MacDonald Richards Buell Sutton LLP, Vancouver

Networking Lunch

Ending the Lease

  • extension of the lease term
    • renewal versus extension: what's the difference?
    • arbitration of rent: model clauses
    • overholding
  • expiration of the lease term—post-expiry issues
    • normal expiration: what stays, what goes—removal and restoration obligations
      • goods left behind: who is entitled to them?
    • termination for breach
      • recovery of possession

D. Ross McGowan Borden Ladner Gervais LLP, Vancouver
Peter Powers Accurate Effective Bailiffs Ltd., Burnaby

Networking Break

Hot Topics: Grow Ops and Dispensaries

  • legality 
  • use clauses 
  • insurance issues 
  • enforcement

Simon R. Coval — Fasken Martineau DuMoulin LLP, Vancouver
Randy G. Klarenbach Platform Properties Ltd., Vancouver
Lisa Martz Gudmundseth Mickelson LLP, Vancouver
D. Ross McGowan Borden Ladner Gervais LLP, Vancouver
Richard J. Olson McKechnie & Company, Vancouver
Peter Powers Accurate Effective Bailiffs Ltd., Burnaby