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.
Indiana Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent
State:
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
Your landlord cannot turn off your utilities. You have the right to privacy in the rental premises. Your lease agreement likely says when your landlord may come into your home. Usually, lease agreements say that your landlord may come in to do emergency repairs, routine or needed maintenance, and inspections.
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.
Withheld Unreasonably means, with respect to any Person withholding a specific consent, that such withholding is unreasonable, viewed from the perspective of such Person taking into account such factors relating to such Person's fiduciary duties, the nature of such Person's business operations and circumstances.
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 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.
REASONABLE CONSENT means the prior written consent of a Party (in any capacity), which may not be unreasonably withheld or conditioned.
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.
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.
