Insurance Provisions in Commercial Leases

Heather Wright spoke at the Tennessee Real Estate Law Conference on October 20^th on Insurance Provisions in Commercial Leases. Below are her speaking points:

• Which party should provide insurance? Net vs. gross leases
• Spotting outdated language in stock agreements
• Coverage of tenant-installed fixtures and improvements
• Damage and destruction: Timing and rights for rebuilding, termination, and release of proceeds
• Providing additional insured endorsements
• Creating waivers of subrogation and mutual waivers that work with insurance clauses
• Ensuring consistency with insurance documents