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You will be updated with latest job alerts via emailJob Purpose Description
The role extends to West region for ABFRL business. The laws/regulations whether relating to leasing retail compliance litigations etc. vary from state to state that make the decisionmaking process complex. Managing common legal regional teams to support businesses separately within the timelines that are often steep is also a challenge. Following are the operational challenges.
(i)Synergy in leasing and litigation processes between PT and MFL and ensure seamless support to both the businesses
(ii)Resolve issues arising out of legal due diligence of properties proposed to be taken on leases that are escalated by regional legal counsel.
(iii)Registration of Lease Nonregistered lease deeds put the business to high risk and will be construed as month to month tenancy in which case the landlord can evict the tenant (ABFRL) by giving mere 15 days notice. The Landlords especially the Malls do not support in registration process Further Malls want to partner in our business rather than position themselves as landlords and demand variable commissions. To get lease deeds with revenue sharing models registered is a herculean task. To drive high rate of registrations through regional counsel is also challenge.
Required Experience:
Senior IC
Full Time