Sublets & Assignments

Relying on Lease Terms to Invalidate Oral Consent to Sublet

November 24, 2010    

A medical clinic tenant in my strip mall renewed its lease only because I orally agreed that it could continue to sublet a portion of its space to a blood lab that serves the clinic's patients. Now, I have a lucrative offer from a franchised...

Put Limits in Professional Affiliate Sublease Clauses

February 26, 2010    

Office tenants that want the option of subletting unused individual offices in, or portions of, the office suite they rent often negotiate professional affiliate sublease clauses. Such a clause gives an office tenant the right to sublet to other professional tenants of the same or a similar type...

Limit Franchisor's Ability to Freely Assign and Sublet

March 25, 2009    

Franchisor tenants in today's market are demanding that their leases give them ample freedom to sublet or assign to any franchisee they choose without your prior consent. Franchisors make this demand because they don't want you putting any limitations on which franchisees they can do...