Sentences with phrase «sublease tenant»

Shadow vacancy existed for more than half of the footage in one location, with a major sublease tenant shuttering its site midway through the sales process.
Prior to moving, GWFF was a sublease tenant at...
Prior to moving, GWFF was a sublease tenant at the Lipstick Building with 3,000 sq. ft. on the 24th floor that it shared with law firm Noerr LP.

Not exact matches

Sublease: A sublease allows a tenant to sublet space to a complementary bSublease: A sublease allows a tenant to sublet space to a complementary bsublease allows a tenant to sublet space to a complementary business.
With Truss, landlords can post listings and subleases at no cost and market vacant spaces directly to tens of thousands of tenants.
Furthermore, the City Council is way too broad in their proposed protection — without addressing income - based, merit based appropriate protection and the issue of lucrative subleasing and collection of key money by tenants (I have the pdfs of the ads).
We did note one company that leases homes from owners and then tenants sublease the home, but it's the company in the middle who's responsible for the structure, not the tenant.
With a Consent to Sublease you can receive the landlord's permission, and help protect yourself legally, as a tenant, if you decide to organize a subletter.
Alternatively, if a roommate is replaced with a new tenant, a Sublease Agreement may be another option.
Whether you're the tenant, landlord, or potential subletting tenant, everyone can be on the same page, in writing, with a Consent to Sublease.
For this reason, many tenants may benefit from a Commercial Sublease Contract.
For the most part, subletters are required to work through the sublandlord (the primary tenant) rather than directly with the property management company, which puts a greater burden on you if you are the one managing the Sublease Agreement.
As many landlords don't allow subleasing, if you're the tenant you'll need to check your lease first.
If you are a landlord and want to provide written permission to your tenant to sublease, you can use our Consent to Sublease dsublease, you can use our Consent to Sublease dSublease document.
This means that you will allow your tenant to sublease if the terms are reasonable.
Whether you are the property owner or the tenant - turned - landlord, fully understanding the terms and conditions of the lease and sublease agreements, as well as the state law governing the practice, will result in the best possible chance for a successful subleasing.
You can use our Sublease Agreement to sublease your apartment to a new tenant, and avoid paying doubSublease Agreement to sublease your apartment to a new tenant, and avoid paying doubsublease your apartment to a new tenant, and avoid paying double rent.
If you're a prospective sublessee, is the landlord at all obligated to put you in contact with the original tenant for you to potentially inform the original tenant of their rights, and, potentially, see if they're interested for a sublease instead?
Subletting a rental unit can be a more involved process when compared to assigning a lease since it requires the completion of a sublease agreement between the original tenant (the «sublessor») and the secondary tenant (the «sublessee»).
If the tenant does not get the landlord's written permission to sublet, then the sublease will not be valid.
The property manager for DLA's new building has subleased a portion of the firm's space to Greenberg Traurig and several other companies, according to the filing, which notes that as of June 30, San Francisco labor and employment firm Liebert Cassidy Whitmore is also a tenant at 160 King Street.
The landlord can not ask the tenant to pay money before he or she will consent to the sublease.
The definition of «tenant» also includes anyone who is renting from a previous tenant under a «sublease» or by «assignment».
Because successful property management begins with good documentation, LegalZoom offers a Landlord Consent to Sublease you can use to confirm in writing your approval of your tenant's sSublease you can use to confirm in writing your approval of your tenant's subleasesublease.
sublease: A separate rental agreement between the original tenant and a new tenant that rents all or part of the original tenant's place.
In fact, in most lease agreements, tenants are not permitted to sublease their interests without the prior written consent of their landlord.
(3) A landlord must not charge a tenant anything for considering, investigating or consenting to an assignment or sublease under this section.
While presiding in Rent Court, throughout his 12 year tenure, Judge Karasic developed expertise in landlord - tenant law and matters related to residential and commercial leases including rent escrow, housing code enforcement, lead paint regulations,, subleases and renewals, and condominium law.
No new buildings are likely to be announced in the short term due to the vacant space created by tenants relocating to new buildings, as well as some large sublease spaces that have come on line.
In San Francisco the amount of subleasing up - ticked in 2016, as tenants sought to take those box spaces at shorter lease terms — it's plug and play,» she notes.
The basic agreement stated that tenant would lease the entire parcel of land, use four acres for its store, and sublease the remaining 14 acres.
Retailers that signed leases at high prices in the past several years and are seeking a tenant to sublease their space are also included, according to Steve Soutendijk, an executive director at Cushman.
You can structure a lease with the right to sublease to the tenants.
The Supreme Court of Mississippi recently considered when it would be unreasonable for a landlord to withhold its consent to allow a tenant to enter into a sublease.
The sublease stated that the tenant could not...
From 1990 forward, Rub - A-Dub Car Wash, Inc. («Tenant») operated a car wash on subleased property owned by several individuals (collectively, the «Owners»).
Subleasing — gaining your landlord's approval to lease out your excess space to another tenant — is usually the first option for tenants looking to modify their space needs prior to lease termination.
SPSS is also one of the larger tenants in the building, with more than 140,000 square feet under two subleases.
Brandenberg v. Waters Place Assoc., L.P. (17 A.D. 3d 615) judgment dismissing broker's complaint affirmed; broker fails to raise triable issue of fact in opposition to the prima facie showing that broker was not the procuring cause of the lease where potential tenant procured by broker was found to be unsuitable by landlord but five years thereafter potential tenant subleased the property of the tenant procured by landlord; moreover, broker's action is time - barred as landlord rejected potential tenant more than six years earlier.
SageGroup Associates v. Dominion Textile (USA)(244 A.D. 2d 281)-- the «able» prong of the ready, willing and able test refers to the prospective subtenant's financial ability; although broker established he procured a prospective subtenant ready, willing and able to sublet on terms set by the prospective sublessor, the parties» disagreement as to the terms of their oral agreement raised triable issues of fact precluding summary judgment in favor of either party; no cause of action exists in quantum meruit, unjust enrichment and account stated where there is an express contract governing the broker's right to a commission; broker lacks standing to claim tortious interference with contract against landlord for refusal to grant tenant permission to sublease because broker is neither a party to nor an intended beneficiary of the sublease rejected by the landlord.
The statistical software company, which had subleased the space, is Sears Tower's third key tenant renewal in recent weeks, said Menahem Deitcher, senior vice president with CB Richard Ellis Inc., which manages the 110 - story building.
A sublease is a legal agreement between an existing tenant and a person (sublessee) that seeks to rent the same space (partial or the it's entirety).
86 DOS 93 Matter of DOS v. Winograd - undisclosed dual agent for tenant and subtenant; failure to provide copy of sublease violates 19 NYCRR § 175.1; no suspension of broker who has no knowledge at time of event or retention of proceeds, but liability for misconduct; refund unearned commission
When subleasing, a third party assumes the tenant's rights and obligations.
As a well versed team, we specialize in representing the needs of tenants to maximize their real estate opportunities which may include strategically timed lease renewals, expansions, relocations, subleases and terminations.
But even the sublease problem has an upside: «Tenants normally eyeing class B space can get into class A space, so they're upgrading,» says Lynn Schenk, 2001 vice president of the Society of Industrial and Office REALTORS.
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