Arkansas Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent

State:
Multi-State
Control #:
US-OL21013
Format:
Word; 
PDF
Instant download

Description

This office lease form contains a contractual right in the transfer clause for the landlord to withhold its consent for specific situations not usually prohibited under the reasonableness standard. The tenant shall neither assign the lease nor sublet all or a portion of the demised premises without the landlord's prior written consent. This form outlines the specific situation where the landlord may withhold such consent.

How to fill out Transfer Clause Containing A Contractual Right For The Landlord To Withhold Consent?

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FAQ

4. Timeline Lease AgreementNotice to ReceiveWeekly7-Day Notice to QuitMonthly30-Day Notice to QuitFixed Term (6 months - 1 year)The landlord is not obliged to remind the tenant unless stated in the lease

Leases are generally legally-binding contracts between two parties: the lessor and the lessee. They involve a piece of property rented out by the owner (the lessor) to the lessee or the tenant. Leases can be verbal agreements but are normally drawn up in writing.

If an issue of noncompliance arises (and rent is current and noncompliance is not excused) and the landlord does not remedy the noncompliance within 30 days after receiving notice from the tenant, the tenant may terminate the lease or rental agreement without penalty and receive a refund of his or her security deposit.

It's the first time Arkansas has mandated statewide standards for rental housing. Under Act 1052 of 2021, tenants can move out without penalty and get their security deposits returned if landlords don't provide a sanitary sewage system, among other requirements.

Arkansas Renters' Rights and Landlord Responsibilities Raising Rent: Landlords in Arkansas may increase the rent to any amount with no notice or justification as long as it is not for discriminatory reasons.

The implied warranty of habitability is a landlord-tenant law that requires minimum living requirements so that the rental property is safe and habitable to live in. Some of the minimum living requirements include having heat, running water, and plumbing.

Landlord's consent Unless the lease says otherwise, the landlord will have an absolute right to refuse consent and need not give reasons for its refusal. However, most commercial leases will provide that the landlord's consent is not to be unreasonably withheld.

The phrase is typically used in assignment clauses: No Party may assign rights or obligations of this Agreement without the consent of the other Party, which consent shall not unreasonably be withheld or delayed.

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Arkansas Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent