On October 30, 2018, Julie Lanteigne took part in a panel discussion during the Montreal Real Estate Strategy and Leasing Conference held at the Palais des congrès. This event was organized by Canadian Real Estate Forums. The panel, entitled “New realities: Start-ups, flexible leases, new REM tax – how to adapt its lease and protect your interest?, presented the many aspects to consider before signing a commercial lease in an unpredictable market and in the face of a possible economic slowdown.
For example, start-ups require flexible leases because they can quickly face commercial difficulties. In these circumstances, how can a tenant negotiate a lease in order to obtain the flexibility necessary to face the challenges of the market? On the other hand, and to protect oneself, the lessor needs guarantees.
In addition, what are the comparative strengths and weaknesses between bonds, security deposits and letters of credit, and what other forms of protection should be considered by the lessor? Furthermore, what is the impact of the new REM tax on commercial leases for the lessor and the tenant and how should the lease reflect this new reality?
For any additional information about this conference, we invite you to consult the site of Canadian Real Estate Forums.