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Real Property Leases: Trouble in River City
Length: 2 hours
This webcast is designed to help you identify and address insurance issues found in building leases. Easily 70 to 80 percent of building leases involve substantial transfer of liability from the landlord to the tenant. In urban areas the percentage is probably 90 percent. Most tenants personally guarantee these obligations. The standard form Commercial General Liability policy expressly excludes liability for damage to leased or borrowed space. Obligations to provide certain property insurance require careful attention on the part of all concerned. To make matters more confusing, the insurance section in building leases fails to address obligations to insure found in Damage, Destruction, Repair, or Replacement sections.
State Specific Details:
FL - This course has been approved by the FL Department of Financial Services for insurance continuing education credit. Course ID# 81768, 2 hours, Intermediate, CE 2-20 - General Lines (Property & Casualty).
KY - This course has been approved for 2 hrs of CE - Course #C10398
MS - This course has been approved for 2 hrs of CE
OH - This course is approved in OH for 2 CE - Course #38026
NJ - This course is approved in NJ for 2 hrs of CE - Course # 88893562
- James R. Mahurin, CPCU, ARM
James R, Mahurin, CPCU, ARM has provided independent risk management and insurance consulting services to the insurance buyer since 1984. Jim also provides litigation support and expert witness services to law firms involved in complex insurance litigation. He was heavily involved in insurance litigation arising from Hurricane Katrina in the Greater New Orleans area for five years. Jim is location in Franklin, TN. His website address is www.insuranceaudittn.com
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- PLEASE OPEN-IMPORTANT CE INFO AND STATE REQUIRED FORMS