Calculating the Cost of a Change

One of the more complex commercial leasing areas involves insurance provisions and how they relate to indemnities for third-party and first-party claims. Businesses can address these risk allocation issues with liability and property coverage, but counsel must ensure indemnity provisions that do not impede insurance coverage. Counsel must identify the potential, relevant casualty loss exposures and the scope of the applicable insurance policy(ies) when drafting insurance requirements to apply to each party. A vital issue in liability coverage is the ability to access the other party's coverage in the face of a contractual liability exclusion and other policy limits. The parties should obtain additional insured status to confirm insurance coverage of contractual indemnification under the lease. Listen as our panel of real estate attorneys looks at casualty and liability insurance issues critical to landlords and tenants negotiating a real estate lease. The panel will discuss essential coverage and contract provisions to require insurance coverage and maximize coverage benefits. The program will also discuss other coverage issues relevant to commercial leases, including exclusions, proof of coverage, additional insured and loss payee parties, and primary/excess coverage.

Construction Contract Administration is Essential for the Success of the Project. When construction personnel think of contract administration, it's usually in regard to documentation of daily activities occurring on the project. Often overlooked are those aspects of contract the lend themselves to cause disagreement or develop into disputes. Learn how good contract understanding will help develop and effective and efficient approach to construction project administration.

Traditionally, the majority of housing affordable to many families has come through “filtering” – as apartment homes grow older, they gradually become part of the “naturally occurring affordable housing.” Following the Great Recession and Global Financial Crisis, this process reversed as value-add investors rehabbed apartments into higher rent classes to make up for the lack of new construction.

CICI Bank is holding an informative Webinar on Indian Real Estate Tax Rules and Regulations by our speaker, Mr. Sandeep Shanbhag. Topics to be addressed during the webinar: Real Estate - Taxation of notional income, Rules and regulations for taxation of rental income, Capital Gains Tax - The concept of Cost Inflation Index and Rules for repatriation of real estate sale proceeds.