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Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical questions call 800-263-6317.

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Page 1: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Commercial Webinar Series1 hour presentation

TAR Commercial Leasing Basics

presented by

Rick Albers

Questions will be answered at the end.

For technical questions call 800-263-6317.

Page 2: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Commercial Webinar Series

Texas Association of Realtors® Commercial Leasing Basics

Presented by

Rick Albers Kuperman Orr & Albers, P.C.1501 S. MoPac, Suite 325

Austin, Texas [email protected]

April 23, 2015

Page 3: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Topics

• Commercial Lease Form

• Addenda, Exhibits & Amendments

• Completion of the Lease, Addenda, Exhibits & Amendments

• Lease Enforcement Actions

• How to Obtain the Forms

Page 4: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

TREC vs TAR

• TREC –Texas Real Estate Commission – licensing agency (governmental)

• TAR – Texas Association of Realtors® – professional trade organization

• provides services to it members• attempts to influence TREC’s rules and

regulations

4

Page 5: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

TARCommercial Lease

Commercial Lease (TAR 2101)

One basic form does it all: Retail

Office

Industrial

Multi-tenant

Single tenant

Page 6: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 7: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 8: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 9: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 10: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

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Page 11: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 12: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 13: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 14: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 15: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 16: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 17: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 18: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 19: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 20: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 21: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

TAR Commercial Lease Forms

Before Lease Execution

Commercial Letter of Intent to Lease (TAR 2122)

Page 22: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 23: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 24: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

TAR Commercial Lease Forms

Before Lease Execution

Commercial Letter of Intent to Lease (TAR 2122)

Commercial Lease Application Form (TAR 2120)

Page 25: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 26: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 27: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Money Issues• Commercial Lease Guaranty (TAR 2109)

Page 28: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 29: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Money Issues• Commercial Lease Guaranty (TAR 2109)• Commercial Lease Addendum for Broker's Fee

(TAR 2102)

Page 30: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 31: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Money Issues• Commercial Lease Guaranty (TAR 2109)• Commercial Lease Addendum for Broker's Fee

(TAR 2102)• Commercial Lease Expense Reimbursement

Addendum (TAR 2103)

Page 32: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 33: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Money Issues• Commercial Lease Guaranty (TAR 2109)• Commercial Lease Addendum for Broker's Fee

(TAR 2102)• Commercial Lease Expense Reimbursement

Addendum (TAR 2103)• Commercial Lease Addendum for Percentage

Rent (TAR 2106)

Page 34: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 35: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Money Issues• Commercial Lease Guaranty (TAR 2109)• Commercial Lease Addendum for Broker's Fee

(TAR 2102)• Commercial Lease Expense Reimbursement

Addendum (TAR 2103)• Commercial Lease Addendum for Percentage

Rent (TAR 2106)• Commercial Lease Parking Addendum

(TAR 2107)

Page 36: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 37: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Construction

• Commercial Leasehold Construction Addendum (Landlord to Complete) (TAR 2111)

Page 38: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 39: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Construction

• Commercial Leasehold Construction Addendum (Landlord to Complete) (TAR 2111)

• Commercial Leasehold Construction Addendum (Tenant to Complete) (TAR 2112)

Page 40: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 41: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Renewals & Expansions

• Commercial Lease Addendum for Extension Option (TAR 2104)

Page 42: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 43: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Renewals & Expansions

• Commercial Lease Addendum for Extension Option (TAR 2104)

• Commercial Lease Right of First Refusal Addendum (TAR 2105)

Page 44: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 45: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Renewals & Expansions

• Commercial Lease Addendum for Extension Option (TAR 2104)

• Commercial Lease Right of First Refusal Addendum (TAR 2105)

• Commercial Lease Addendum for Optional Space (TAR 2110)

Page 46: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 47: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Other

• Commercial Lease Addendum for Contingencies (TAR 2119)

Page 48: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 49: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 50: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Other

• Commercial Lease Addendum for Contingencies (TAR 2119)

• Commercial Landlord's Rules and Regulations (TAR 2108)

Page 51: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 52: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Other

• Commercial Lease Addendum for Contingencies (TAR 2119)

• Commercial Landlord's Rules and Regulations (TAR 2108)

• Commercial Lease Exhibit (TAR 2115)

Page 53: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 54: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

After Lease Execution

• Commercial Lease Acceptance Form (TAR 2113)

Page 55: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 56: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

After Lease Execution

• Commercial Lease Acceptance Form (TAR 2113)

• Commercial Lease Inventory and Condition Form (TAR 2121)

Page 57: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 58: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

After Lease Execution

• Commercial Lease Acceptance Form (TAR 2113)

• Commercial Lease Inventory and Condition Form (TAR 2121)

• Commercial Lease Amendment (TAR 2114)

Page 59: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 60: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 61: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Sublease

• Commercial Sublease (TAR 2116)

Page 62: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 63: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Sublease

• Commercial Sublease (TAR 2116)

• Commercial Landlord's Consent to Sublease (TAR 2117)

Page 64: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 65: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Sublease

• Commercial Sublease (TAR 2116)

• Commercial Landlord's Consent to Sublease (TAR 2117)

• Commercial Sublease Addendum for Broker's Fee (TAR 2118)

Page 66: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 67: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

FORM ACCESS

• Obtain PDF copies of Forms through TAR Website

• Complete Forms with zipForms

www.TexasRealtors.com www.TexasRealEstate.com

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Page 72: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical
Page 73: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Questions ?• NOW –

Type your questions now.

• LATER –

TAR Legal Hotline 512-480-8200

Rick [email protected]

mailto:[email protected]
Page 74: Commercial Webinar Series 1 hour presentation TAR Commercial Leasing Basics presented by Rick Albers Questions will be answered at the end. For technical

Thanks for your participation in the TAR Commercial webinars!

• Next Presentation:May 28, 2015 10:00 AM CDT

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• Give us your feedback!


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