When:  Wednesday, March 15, 2017 from 5:30pm – 7:00pm

Where:  NYC Small Business Solutions, 110 William Street, New York, NY (7th Floor Boardroom)

Seminar Description: Are you tired of spending countless hours showing a property and negotiating a deal, only to have lawyers get involved and kill the transaction?  How can this be avoided?  This seminar is designed to assist commercial real estate brokers identify problematic deal terms before their time is wasted.  The seminar will focus on:

  • Is your ‘non-binding’ letter of intent actually binding?
  • How to properly structure a letter of intent for various transactions (e.g. sale, lease, investment)
  • Identifying hidden lease expenses (i.e. everything that makes up “Additional Rent”)
  • Understanding real estate taxes and how they are calculated
  • What debts are transferrable to Buyers in commercial sale transactions (e.g. asset v. stock sales)
  • Satisfaction of unpaid rent, and why that isn’t always possible
  • Why unpaid sales tax is such a problem and can result in a broker not getting his commission
  • Release of guarantors
  • How to spot an unreasonable landlord and unscrupulous sellers
  • Spotting certificate of occupancy and zoning issues
  • Why detailed asset lists are important
  • Understanding the frequently misunderstood “Good Guy Guaranty”
  • Demolition and early termination clauses
  • Assignment rights and why this lease term is frequently the most dangerous
  • Landlord key money deals – Are they legal?
  • Understanding the liquor license transfer process in NY
  • Helpful resources that expedite your review process

How to Sign Up:  Click HERE to register directly with NYC Small Business Solutions, or cut and paste the following link into your web browser:  https://www.eventbrite.com/e/why-lawyers-kill-commercial-real-estate-deals-and-how-to-spot-a-bad-deal-in-advance-lower-manhattan-tickets-30563685807

Presented by:

James D. DiPasquale, Esq.
555 5th Avenue - 14th Floor
New York, New York 10017
Tel:  (646) 383-4607
Fax: (646) 606-2388
Email:  james@dlgnyc.com