Postgraduate Course: Advanced Commercial Leasing (Practical Elective) (LAWS11430)
Course Outline
| School | School of Law |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 5 |
ECTS Credits | 2.5 |
| Summary | The course covers the law relating to commercial leases, the documentation used in commercial lease transactions, the issues affecting the landlord and the tenant respectively in relation to negotiating and entering into a commercial lease and in relation to different types of property.
This course aims to provide you with a more in-depth appreciation of the law and practice and a practical approach to this area of legal practice. It is designed to encourage in-class discussion, reflective learning, self study and use of the ongoing skills acquired on the Diploma core courses. |
| Course description |
This course aims to develop your awareness of:
how a Commercial Lease works, introduction, historical and commercial background, key provisions, common law and statute law
the importance of considering the let property, extent and rights, property specific issues
payment obligations, rent, service charges and rent review
repairing and insuring matters, FRI and possible modifications to FRI, damage and destruction, uninsured risks, dilapidations
negotiating a Commercial Lease, tenant's point of view, landlord's point of view
dealings by tenant assignation, sub-letting, alterations, change of use
dealings by landlord irritancy, selling the let property.
The objective of the course is to enhance your legal skills and knowledge in this area of the law. It is also aims to enhance and consolidate your knowledge, understanding and personal reflection on the Law Society of Scotland's PEAT 1 Mandatory and Core Outcomes, which you have already experienced and shall continue to experience on the Diploma core courses.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
|
Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
|
| Academic year 2020/21, Not available to visiting students (SS1)
|
Quota: None |
| Course Start |
Block 4 (Sem 2) |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
50
(
Seminar/Tutorial Hours 21,
Summative Assessment Hours 1,
Other Study Hours 8,
Programme Level Learning and Teaching Hours 1,
Directed Learning and Independent Learning Hours
19 )
|
| Additional Information (Learning and Teaching) |
Independent Study
|
| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
|
| Additional Information (Assessment) |
The Commercial Leasing elective is assessed by continuous assessment. Students will receive a percentage mark for the whole course. Students will be given a mark out of 10 for each workshop. These marks will subsequently be equated to 50% of their overall mark for this course. 50% of their overall mark will be based on performance in three assessed written exercises. |
| Feedback |
Feedback is provided to student in various forms. Students will receive verbal feedback from tutors on in-class presentations, general comments on class assignments when these are handed back in class and, in general, on class performance, mainly looking at the class as a whole. Students also receive specific written feedback on assignments, where necessary. |
| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- How a Commercial Lease works, introduction, historical and commercial background, key provisions, common law and statute law. Negotiating a Commercial Lease, tenant's point of view, landlord's point of view.
- The importance of considering the let property,extent and rights, property specific issues.
- Payment obligations, rent, service charges and rent review.
- Repairing and insuring matters, FRI and possible modifications to FRI, damage and destruction, uninsured risks, dilapidations.
- Dealings by tenant,assignation, sub-letting, alterations, change of use. Dealings by landlord, irritancy, selling the let property.
|
Reading List
Scottish Law of Leases (4th Edition 2013) - Angus McAllister
Commercial Leases in Scotland: A Practitioner's Guide (3rd Edition) - Ken Gerber
Drafting and Negotiating Commercial Leases in Scotland (2nd Edition) Murray J Ross and D J McKichan
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Additional Information
| Graduate Attributes and Skills |
All elective courses on the Diploma require students to develop the following skills:
Research and Enquiry
- problem solving
- analytical thinking
- critical thinking
- independent research
- the ability to handle complexity and ambiguity
Personal and Intellectual Autonomy
- ethics and social responsibility
- self-awareness and reflection
- independent learning and development
- creativity and inventive thinking
- decision making
Communication
- interpersonal skills
- verbal communication and presentation
- written communication
- influencing and negotiation skills
Personal Effectiveness
- planning, organising and time management
- commercial / professional / situational awareness
- team working
- assertiveness and confidence
- flexibility |
| Additional Class Delivery Information |
Seven workshops, each lasting 3 hours. |
| Keywords | Diploma,practical elective,commercial leasing |
Contacts
| Course organiser | Ms Laura McBrien
Tel:
Email: Laura.mcbrien@ed.ac.uk |
Course secretary | Ms Margaret Stewart
Tel: (0131 6)50 2004
Email: margaret.stewart@ed.ac.uk |
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