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.
A transfer clause containing a contractual right for the landlord to withhold consent is a provision typically included in lease agreements in New Hampshire. This clause governs the tenant's ability to transfer their lease rights to another individual or entity, subject to the landlord's approval. In New Hampshire, there are different types of transfer clauses that may contain a contractual right for the landlord to withhold consent. Some common variations include: 1. Assignment Clause: This clause pertains to situations where the tenant wishes to transfer their lease rights to another party entirely. In such cases, the tenant's contractual relationship with the landlord would be terminated, and the new party would assume all the tenant's obligations and rights under the lease. 2. Subleasing Clause: This clause deals with instances where the tenant seeks to sublet the premises to another individual or entity, while still maintaining their own contractual relationship with the landlord. In subleasing, the tenant remains responsible for the obligations under the lease, but the subtenant assumes some or all of the premises for a designated period. Regardless of the type, a transfer clause containing a contractual right for the landlord to withhold consent grants the landlord the authority to evaluate and approve or disapprove any proposed transfers. This clause is primarily intended to protect the landlord's interests by ensuring that they have control over who occupies their property and to maintain the integrity of the lease agreement. Keywords: New Hampshire, transfer clause, contractual right, landlord, withhold consent, lease agreement, assignment clause, subleasing clause, transfer of lease rights, tenant, subletting, landlord's approval.A transfer clause containing a contractual right for the landlord to withhold consent is a provision typically included in lease agreements in New Hampshire. This clause governs the tenant's ability to transfer their lease rights to another individual or entity, subject to the landlord's approval. In New Hampshire, there are different types of transfer clauses that may contain a contractual right for the landlord to withhold consent. Some common variations include: 1. Assignment Clause: This clause pertains to situations where the tenant wishes to transfer their lease rights to another party entirely. In such cases, the tenant's contractual relationship with the landlord would be terminated, and the new party would assume all the tenant's obligations and rights under the lease. 2. Subleasing Clause: This clause deals with instances where the tenant seeks to sublet the premises to another individual or entity, while still maintaining their own contractual relationship with the landlord. In subleasing, the tenant remains responsible for the obligations under the lease, but the subtenant assumes some or all of the premises for a designated period. Regardless of the type, a transfer clause containing a contractual right for the landlord to withhold consent grants the landlord the authority to evaluate and approve or disapprove any proposed transfers. This clause is primarily intended to protect the landlord's interests by ensuring that they have control over who occupies their property and to maintain the integrity of the lease agreement. Keywords: New Hampshire, transfer clause, contractual right, landlord, withhold consent, lease agreement, assignment clause, subleasing clause, transfer of lease rights, tenant, subletting, landlord's approval.