This office lease form states that the landlord, tenant and sublessee agree, subject to certain conditions, to the use of the premises. Subject to the conditions, they covenant and agree that during the term of the sublease (as that term may sooner expire or terminate pursuant to the terms thereof) to use the premises as agreed.
Puerto Rico Landlord Consent to Sublease Restrictive Covenant in Favor of Tenant
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How to fill out Landlord Consent To Sublease Restrictive Covenant In Favor Of Tenant?
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FAQ
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.
Section 91.005, Texas Property Code. If a tenant sublets without the consent of the landlord, the landlord may evict the subtenant and sue the original tenant for any damages, such as the cost of evicting the subtenant, or damages caused by the subtenant, during the subletting arrangement.
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 original tenant cannot assign more rights than it has under the original lease. For example, if the term of the lease is 1 year, the term of the assignment cannot be 2 years. Most leases will require the landlord's written consent before an assignment becomes effective.
Protect yourself against lost rent and damages by collecting a security deposit and/or the first month's rent from your subtenant. Establish a convenient process for the subtenant to make monthly rent payments, ideally through automatic payments. Ensure that you can transfer these payments to your landlord promptly.
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.
Under Texas law, if the lease does not provide otherwise, an assignment or sublease always requires the prior consent of the landlord.