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Month: March 2021

How Do You Assign or Transfer a Commercial Lease?

Business News

There are usually two situations when a tenant will transfer (also known as an assignment) a commercial lease to another party (the assignee) before the end of a lease term: the tenant is selling their business, and the purchaser agrees to accept the existing lease rather than enter into a new lease with the landlord; or the tenant is proposing to exit … Continue reading →