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

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

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FAQ

Transfer clauses?sale by administrator. This precedent is transfer clauses, for use where a property is being sold by administrator. It contains provisions to be inserted into the transfer dealing with title guarantee, limitation of liability, the powers of the administrator and the execution clause.

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.

Whenever consent or approval of either party is required, that party shall not unreasonably withhold, condition or delay such consent or approval, except as may be expressly set forth to the contrary.

Whenever either Party requests any consent, permission, or approval which may be required or desired by that Party pursuant to the provisions of this Agreement, the other Party shall not unreasonably withhold or postpone the grant of such consent, permission, or approval.

The landlord registration requirement applies to all rental premises or units used for dwelling purposes except owner-occupied premises with not more than two rental units.

Whenever either Party requests any consent, permission, or approval which may be required or desired by that Party pursuant to the provisions of this Agreement, the other Party shall not unreasonably withhold or postpone the grant of such consent, permission, or approval.

Adults withholding consent Competent adults have an absolute right to withhold their consent to treatment for any reason, or for no reason at all. This is still true even if their refusal appears unreasonable or not in their own best interests.

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.

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