AIR CRE Alterations Explained: When Lessor Consent Is Required

Описание: ABOUT THE WEBINAR SERIES
This is part of Consensus Legal’s monthly AIR CRE contracts webinar series, designed to help CRE professionals navigate lease provisions, save time, and avoid costly mistakes.

THIS WEBINAR IS FOR
Commercial real estate brokers, agents, landlords, tenants, buyers, sellers, and anyone using the AIR CRE form contracts.

⚠️ DISCLAIMER
This webinar is for educational and discussion purposes only and does not constitute legal advice. Consensus Legal is not affiliated with or sponsored by AIR CRE.

PRESENTED BY
Usman Mohammed, Managing Partner, Consensus Legal
https://consensuslegal.com
[email protected]

NEED A LEASE REVIEWED?
Contact [email protected].

CHAPTERS
0:00 Intro + disclaimer
0:45 Lease form + where “Alterations” live (Paragraph 7 / 7.3)
1:45 Definitions: Utility Installations vs Trade Fixtures vs Alterations
3:12 General rule: written consent required (7.3(b))
3:40 “Reasonable” consent standard (Paragraph 36)
4:44 When consent is NOT required (notice only) + the 7 requirements
8:06 If consent IS required: contractor oversight, plans, permits, compliance
9:35 Lien/completion bond or extra security deposit (over 1 month base rent)
11:52 Ownership + removal rights (7.4)
14:37 Q&A begins
18:40 Q&A: deleting permit requirement—risk/exposure considerations
22:30 Future lease issue: 2.3 compliance warranty + unpermitted work
23:25 Q&A: trade fixtures examples (spray booth)
26:59 Q&A: unwanted equipment left behind
32:06 Q&A: warehouse fans—trade fixture vs utility installation
35:49 Closing

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