Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
The course covers key topics such as an overview of the main types of commercial real estate lease, including gross leases, net leases modified gross leases, and percentage leases and explains the components that make up a typical lease agreement.
Participants will explore the contractual structure of commercial leases, focusing on the rights and obligations of both the landlord and the tenant, including terms related to rent, maintenance, insurance, property taxes, and renewal or termination conditions.
The course will also address cost considerations such as operating expenses, escalation clauses, hidden costs and highlight potential risks that CPAs should be aware of, including ambiguous lease terms, unforeseen maintenance liabilities, and financial exposure due to specific clauses.
Key Takeaways
Upon completion of this course, participants will:
- Gain clarity on the essential elements that make up a lease.
- Learn what constitutes additional rent and how it impacts total lease costs.
- Identify potential risks and unexpected expenses that can arise during the lease term.
- Explore ways to build flexibility into leases.
- Learn effective tactics to negotiate favorable lease terms.
- Discover best practices for writing leases that protect tenant interests.
Who Will Benefit
This course will benefit:
- Finance Professionals: To assess lease costs, identify potential financial risks, and ensure accurate accounting and compliance.
- Business Owners and Executives: Especially those responsible for site selection, expansion, or relocation, as understanding lease terms directly impacts operational flexibility and financial planning.
- Legal and Compliance Teams: To review, negotiate, and manage lease agreements, ensuring the organization’s interests are protected.
How to Access the Course
This course is delivered as a live webinar. To receive verifiable CPD hours, you must attend the session live. We recommend joining at least 5 minutes before the scheduled start time. For the best interactive experience, please use a computer equipped with a camera and microphone.
A reminder email with the Zoom link and course details will be sent two business days before the session. If you do not receive it, please check your spam or junk folder.
The same information, including any available materials, will also be posted in advance on our Blackboard LMS.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Mark Petznick, HBA, MCR, is Executive Vice President and Founding Partner at ENCOR Advisors with 25 years of global corporate real estate experience. He specializes in developing strategies that reduce lease risk and occupancy costs for office and industrial tenants, while emphasizing flexibility. Mark holds a Masters in Corporate Real Estate, has two children, and enjoys fly fishing and pen making in his spare time.