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Once the landlord's consent has been obtained, the tenant and assignee can enter into a deed of assignment to transfer the lease to the assignee. If the lease is registered at the Land Registry the assignee will then need to register the assignment at the Land Registry.

Assignment provisions in commercial leases are heavily negotiated and very important to both landlords and tenants. When a tenant's interest in a lease is assigned, the tenant is transferring its entire leasehold interest and 100% of the leased premises to a third party for the entire remaining term of the lease.

Here are some of the most important clauses in commercial lease agreements that tenants should know about: Term. ... Description of Premises Clause. ... Rent Escalation Clause. ... Use Clauses. ... Improvements and Alterations Clause. ... Insurance Clause. ... Renewal Clause.

Here is an example of a rent amount clause in a lease: "The Tenant agrees to pay $12,000 as rent, to be paid as follows: $1,000 per month, due on the 1st day of each month. Payment of the first month's rent and any security deposit is due upon the signing of this Lease by the Tenant.

Use Form N-200V to send your payment to the Department of Taxation (Department) when you are making (1) an estimated tax payment, (2) an extension payment, or (3) a tax return payment for Form N-11, N-15, or N-310, but you are not making the payment with your return.

General Public For documents recorded prior to 1976 research can be conducted in our Public Reference Room located at 1151 Punchbowl St, room #123, every business day from AM to PM, except State Holidays. ... For documents recorded from 1976 to present, go to BOC Online Document Access.