Real Estate Jukebox: Suggestions for Seeking Landlord's Consent to a Sublease Transaction (Part One)

A Tenant leasing more space than it needs may consider subleasing as a way of keeping its costs under control. But even after the Tenant finds a Subtenant and reaches an agreement, the Tenant will probably need to obtain the consent of its Landlord to the sublease transaction.

The process of obtaining the Landlord's consent begins with the drafting of the Sublease. The Tenant should negotiate the Sublease with the Landlord's consent in mind so that, ultimately, the Tenant can present the Landlord with a Sublease that satisfies the obligations set forth in the Lease and addresses concerns that the Landlord might have.

Please see full Real Jukebox below for more information.

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Allen Matkins Leck Gamble Mallory & Natsis LLP on:

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