![]() However, in most cases, the major retailer will not view the two the same. ![]() Often, an REA may be viewed as a substitute for the rights and obligations typically set forth in a lease between a developer and a major retailer. In other words, the owner, and any subsequent owner, of all or any portion of the shopping center will be subject to the obligations contained in the REA and will benefit from those rights. These contractual obligations will “run with the land” of the property that comprises the shopping center. ![]() Once constructed, the shopping center is operated as one integrated retail project. In the event that the developer and the major retailer enter into an REA, it will be recorded by the parties in the county in which the property is located and will create certain contractual obligations between the developer and the major retailer that will enable a shopping center to be constructed. Without an REA, the developer or the major retailer could build whatever and whenever it wishes and could conceivably prevent the other party from using its parcel for parking, access or utility lines. If not, there will be no contractual agreement between the developer and the major retailer governing such things as the construction of the shopping center, the architectural compatibility of the buildings, and the use of the common area. If, however, the major retailer desires to purchase a portion of the property, it will be necessary for the developer and the major retailer to enter into an REA. Often, the developer will lease a portion of the property to the major retailer, in which case an REA is not necessary since the lease will provide for construction and operation of the shopping center. In the case where more than one owner is interested in developing a shopping center, the most common scenario is that one of the owners acts as the developer and the other owner is a major retailer (for example, Target or Wal-Mart) in that shopping center. His current interests include cardiac arrhythmias, pacemaker and defibrillator implantation and explantation, and autonomic physiology.Typically, reciprocal easement agreements ("REAs") are used when a property is owned by more than one person or entity, and the persons or entities wish to develop the property as an integrated shopping center. Gunnar Wallin who pioneered the technique of sympathetic nerve recordings in humans. ![]() His research training was in autonomic physiology and in the two years of that fellowship he spent several months in Gothenburg, Sweden working with Dr. Prior to joining Mayo Clinic in 1994, he was faculty at the University of Iowa in the Cardiology/Cardiac Electrophysiology section. Public Health Service on the Zuni Indian Reservation in New Mexico, and then completed a fellowship in General Cardiology at Penn State University Hershey Medical Center, and then Electrophysiology and Cardiovascular Physiology fellowships at Medical College of Virginia in Richmond, VA. He completed a residency in Internal Medicine at the Maricopa County Hospital in Phoenix, AZ, followed by two years spent with the U.S. ![]() He attended undergraduate at Vanderbilt University Medical Center in Nashville, TN and medical school at George Washington University in Washington, DC. Robert Rea is a board-certified Cardiac Electrophysiologist. ![]()
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