Illinois Lease Assignment Clauses: Contract for Real Property
Instant download
Description
A clause dictates the conditions under which the contract is legally enforceable and determines the terms of the contract. Contracts often contain boilerplate clauses or standard clauses found across most contracts. These standard clauses do not require a lot of negotiation. Included is a Sample Lease Assignment Clauses for a Contract for Real Property. With an assignment the original tenant may get sell a portion or all of the shares of their business and want to grant the obligations and rights of the commercial lease to the new partner or business owner.
