Michigan Sublease with Option to Renew, Consent of Lessor, and Agreement that Sublessee may Pay Rent if Lessee Defaults
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How to fill out Sublease With Option To Renew, Consent Of Lessor, And Agreement That Sublessee May Pay Rent If Lessee Defaults?
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FAQ
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.
The most basic pitfall involves the legal status of the parties to a sublease. Its often a surprise to sublessors to realize that they are not somehow released from their obligations under the master lease, which continue in full force and effect, notwithstanding the sublease.
Under Michigan law, you can only sublease a property when the initial tenant has received consent from the landlord. The original lease between the initial tenant and the landlord should state whether the initial tenant has the right to sublease the property.
Tenant Rights to Withhold Rent in Michigan Tenants may withhold rent or exercise the right to "repair and deduct" if a landlord fails to take care of important repairs, such as a broken heater.
A legal contract between the tenant and landlord, transferring possession and use of the rental property. It specifies the duties of each party and is enforceable by both the tenant and landlord. A lease can be written or oral. It will define the type of tenancy being transferred.
554.134 Termination of estate at will or by sufferance or tenancy from year to year. Sec. 34. (1) Except as provided otherwise in this section, an estate at will or by sufferance may be terminated by either party by giving 1 month's notice to the other party.