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 ...
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Steven L. Elbaum, a partner at Robinson & Cole in Stamford, is a member of the executive committee of the Real Estate Finance Association. As evidenced in the current deluge of available office space, ...
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 ...
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 ...
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 ...
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 ...
Q. I rented a condominium unit I own as an investment. The lease runs through April 2005. The tenant has been a good tenant, but has been transferred to Denver. I have given the tenant permission to ...