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There are 8 modules in this course
Real estate leases are extremely important to understand, as the lease payments may become the primary source of repayment for any financing you may extend to the borrower.
This course explores the contents and key components of a typical lease. We will discuss different lease types and the key risk considerations. Then, we will learn to calculate lease rates and analyze the terms and conditions. We will also consider estoppel certificates. Finally, we will explore how to read and evaluate a rent roll.
You will also develop practical skills to assess lease quality and tenant strength, identify income stability risks, and interpret lease clauses that impact cash flow. Through real-world examples, you will learn how to connect lease structures to property valuation and lending decisions, enabling you to make more informed credit assessments in commercial real estate transactions.
What's included
2 videos2 readings
Show info about module content
2 videos•Total 3 minutes
Introduction•2 minutes
When to Review a Lease•2 minutes
2 readings•Total 6 minutes
Learning Objectives•1 minute
Download Course Slides•5 minutes
Contents of a Real Estate Lease
Module 2•1 hour to complete
Module details
What's included
4 videos1 assignment
Show info about module content
4 videos•Total 8 minutes
Contents of a Real Estate Lease Introduction•0 minutes
Common Elements of a Lease•4 minutes
Common Tenant Covenants•3 minutes
Common Owner Covenants•2 minutes
1 assignment•Total 30 minutes
Knowledge Check•30 minutes
Analyzing a Real Estate Lease
Module 3•1 hour to complete
Module details
What's included
17 videos1 assignment
Show info about module content
17 videos•Total 28 minutes
Key Lease Considerations•1 minute
Triple Net Lease•1 minute
Gross/Full-service Lease•1 minute
Load Factor•2 minutes
Modified Gross Lease•1 minute
Double and Single Net Leases•1 minute
Absolute Lease•1 minute
Percentage Lease•3 minutes
Quality of Tenant•5 minutes
Lease Term and Maturity Profile•3 minutes
Lease Rate•2 minutes
Escalation Clauses•2 minutes
Benchmarking Rents•1 minute
Tenant Incentives•1 minute
Net Effective Rate Example•1 minute
Net Effective Rate Detailed Example•2 minutes
Terms and Conditions•1 minute
1 assignment•Total 30 minutes
Knowledge Check•30 minutes
Lease Walkthrough
Module 4•1 hour to complete
Module details
What's included
7 videos1 reading1 assignment
Show info about module content
7 videos•Total 17 minutes
Lease Premises•1 minute
Lease Type and Tenant Quality•1 minute
Lease Term and Maturity•1 minute
Lease Rate and Calculation•4 minutes
Escalation Clauses•2 minutes
Terms and Conditions•8 minutes
Midway Check-in•1 minute
1 reading•Total 1 minute
Walkthrough Downloads•1 minute
1 assignment•Total 30 minutes
Knowledge Check•30 minutes
Estoppel Certificates
Module 5•6 minutes to complete
Module details
What's included
2 videos1 reading
Show info about module content
2 videos•Total 5 minutes
Estoppel Certificate Overview•1 minute
Contents of an Estoppel Certificate•4 minutes
1 reading•Total 1 minute
Estoppel Download•1 minute
Evaluating a Rent Roll
Module 6•1 hour to complete
Module details
What's included
9 videos1 reading1 assignment
Show info about module content
9 videos•Total 25 minutes
What is a Rent Roll•1 minute
Rent Roll Components•5 minutes
Completed Rent Roll Overview•1 minute
Rent Roll Details | Tenant and Lease Type•5 minutes
Rent Roll Details | Lease Term and Maturity Profile•1 minute
Rent Roll Details | Expiry Dates•1 minute
Rent Roll Details | Lease Rate•3 minutes
Rent Roll Analysis Tab Overview•3 minutes
Rent Roll Analysis•4 minutes
1 reading•Total 5 minutes
Rent Roll Downloads•5 minutes
1 assignment•Total 30 minutes
Knowledge Check•30 minutes
Conclusion
Module 7•1 minute to complete
Module details
What's included
1 video
Show info about module content
1 video•Total 1 minute
Summary•1 minute
Qualified Assessment
Module 8•1 hour to complete
Module details
What's included
1 assignment
Show info about module content
1 assignment•Total 30 minutes
Qualified Assessment•30 minutes
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What will I get if I subscribe to this Specialization?
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Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.