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.
Michigan Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent
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Multi-State
Control #:
US-OL21013
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Word;
PDF
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How to fill out Transfer Clause Containing A Contractual Right For The Landlord To Withhold Consent?
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FAQ
If your landlord doesn't respond to your request for repairs, you may put your rent in an escrow account or pay for the repairs yourself and deduct the cost from your rent.
One of the most important elements of the franchise agreement is the transferability clause. The transferability clause spell out the terms under which a party can sell or otherwise transfer their interest in the franchise to another party.
Your landlord must not: Use force or threaten to use force to make you leave or keep you out of your home. Enter your home without your permission, unless it's an emergency. Remove, withhold, or destroy your property.
In an assignmentThe tenant transfers all interest in the premises, along with all obligations., the tenant transfers all interest in the premises and all obligations. Thus the assignee-tenant is duty bound to pay the landlord the periodic rental and to perform all other provisions in the lease.
The tenant should notify the landlord in writing if they withhold rent or decide to make the repair. If the tenant decides to withhold rent for repairs, the money must be put in an escrow account and the amount should be reasonable and connected to the cost of the repair.
