The Arizona Agreement for Construction of a Building with no Assignment or Subletting of either Party's Interest without Consent of other Party is a legally binding document that outlines the terms and conditions for the construction of a building in Arizona. This agreement specifically prohibits both parties from assigning or subletting any interest in the project without the prior consent of the other party. This agreement is crucial in ensuring that both parties maintain control and oversight over the project and that there are no unauthorized transfers of interests or responsibilities. It aims to protect the rights and obligations of each party involved in the construction process. The main keywords relevant to this agreement include: 1. Arizona: This refers to the specific state where the agreement is valid and enforceable. It signifies that the agreement complies with the laws and regulations of Arizona. 2. Agreement for Construction: This highlights that the document pertains to a construction project. It outlines the various aspects, rights, and obligations related to the construction of a building. 3. Building: This term refers to the physical structure that will be constructed as part of the agreement. It can include residential, commercial, or industrial buildings, depending on the context. 4. No Assignment: This clause prohibits either party from transferring or assigning their interest in the project to a third party without obtaining the express consent of the other party. This ensures that both parties have control over who is involved in the project. 5. Subletting: This term pertains to the act of a party leasing or renting out their interest in the construction project to another party. The agreement prohibits such subletting without the consent of the other party. Different versions or types of the Arizona Agreement for Construction of a Building with no Assignment or Subletting of either Party's Interest without Consent of other Party may exist based on the specific requirements and preferences of the parties involved. However, the core elements of this agreement generally remain the same, focusing on preventing the unauthorized assignment or subletting of project interests. It is important for both parties to carefully review and understand the terms and conditions outlined in the agreement before signing to ensure their respective interests are protected throughout the construction process.
Arizona Agreement for Construction of a Building with no Assignment or Subletting of either Party's Interest without Consent of other Party
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How to Write One Identify all parties to the contract. Define the lease term. Identify the terms and rent amount. Address any other financial responsibilities. Discuss the terms of the security deposit. List any other restrictions. Date and sign the agreement. Attach a copy of the original lease.
As a general rule, retail leases prohibit tenants from assigning the lease to an assignee or subleasing the premises to a subtenant (each referred to herein as a ?Transfer?) unless the landlord consents in writing to such Transfer.
Lessee shall not assign this Lease or sublet any portion of the Premises without prior written consent of the Lessor, which shall not be unreasonably withheld. Any such assignment or subletting without consent shall be void and, at the option of the Lessor, may terminate this Lease.
Lessee shall not assign this lease, nor sublet the above-described premises or property, without written consent of Lessor, nor suffer any use of the premises other than herein specified. NO SUBLETTING. Occupant shall not assign or sublease the Unit without the written permission of the Owner.
This clause prohibits the tenant from assigning or subletting all or any portion of its space without the consent of the landlord, which can be withheld by the landlord for any or no reason.
Lessee/s agrees not to assign this Lease or to sublet any part of the Property, nor to allow any other person to live there other than named as above, without first receiving written permission from Landlord.
No subletting clause samples 04. No Subletting. Lessee shall not sublet any or all of the Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.
assignment clause which prohibits a party from assigning its rights (eg "the Seller shall not assign its rights") will, if breached, generally result in a breach of contract but will not affect the assignee's rights. The rights subjected to the clause are still transferred.