Entering into a long-term lease is a major commitment for any landlord and tenant. And, to a certain degree, it is a gamble. The tenant is taking a calculated risk that the space will meet its needs ...
The most frequent and detailed negotiations in triple net leases often center around a tenant’s ability to assign or sublet a lease without a landlord’s consent. If both parties are able to agree to ...
If you are not effectively negotiating the assignment and subletting cause in your lease, you are not leveraging one of the most important benefits of being a franchisee. Ninety percent of startup ...
Real estate and legal professionals each play a role in a commercial lease transaction. While Real estate agents create the framework for the transaction, lawyers are responsible for filling in the ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Assignment clauses are lease provisions that are often not given appropriate consideration by tenants in lease negotiations. Likewise, landlords’ standard anti-assignment clauses may not cover some ...
As business needs change, a tenant may have excess space that could be sublet to generate income to offset the lease expense. In the alternative, the sale of the business may demonstrate that moving ...
For many tenants, the demands of family, career or military responsibilities make it difficult to stick to a strict one-year lease agreement — making a sublease or sublet an attractive alternative to ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...
One day you're living quietly in your cosy apartment, and the next, you're wondering how you're going to pay the rent. If you're facing a situation that puts pressure on your living arrangements, it ...
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