REAs for retail and mixed used projects create complicated contractual rights and obligations that impact the developer’s, owners' and retailer’s ability to own, use, manage, sell and finance, property. Counsel must avoid pitfalls and conflicts to minimize disputes and operational problems when drafting or amending REAs.
Common elements of the agreements address critical business issues such as access, construction, shared parking, signage and maintenance obligations. Other crucial terms include the process for amending the REA agreement and protection for the parties' lenders.
As the nature of retail development transforms with the increase in demand for mixed-use projects, the urbanization of many parts of the county, and as developers look for opportunities to reconfigure obsolete space or to rejuvenate older malls, this often requires updating and amending existing REAs or creating new ones.
Listen as our authoritative panel provides practitioners with a clear understanding of how to draft REAs for retail projects, how to avoid common drafting pitfalls, and how to amend existing documents.
I. Overview of REAs
II. Drafting effective REAs
III. Subdividing developments for investment
IV. Common pitfalls with REAs
V. Amending existing REAs
The panel will review these and other crucial issues:
• The fundamental components of REAs for retail development and mixed used developments
• Costly drafting errors that counsel most commonly make when drafting REAs
• How to draft, analyze, interpret and amend existing REAs
For additional information, please visit the Stafford Publications, Inc. website