VIEWS: 186 PAGES: 5 CATEGORY: Real Estate POSTED ON: 8/6/2009
This is a form where a lessor consents to the sublease of a commercial lease for a tenant in exchange for the payment of a designated amount.
Title: Description: Consent by Lessor to Sublease A consent by a landlord to a proposed sublease Form 9.10 CONSENT BY LESSOR TO SUBLEASE THIS CONSENT BY LESSOR TO SUBLEASE (“Consent”) is made and entered into as of this day of , 20___ (“Effective Date”), by _______________________ (“Lessor”) in favor of _______________________ (“Lessee”). RECITALS: A. Lessee, as lessee under the Lease, and Lessor have executed that certain Lease, dated _________ (the “Lease”), covering those certain premises and related improvements described on Exhibit A attached hereto (the “Premises”). B. Lessee desires to sublease [all] [a portion] of the Premises to _____________ (“Sublessee”) and Sublessee desires to accept a sublease in the form attached as Exhibit B (the “Sublease”), and Lessor is willing to consent to the Sublease on the terms and conditions set forth in this Consent. NOW, THEREFORE, in consideration of the payment by Lessee of Dollars ($ ), payable on or before ______________, 20____ to Lessor, the parties hereby agree as follows: 1. Consent to Sublease. Lessor hereby consents to the Sublease and the transactions contemplated thereby. Lessor’s consent to the Sublease shall not be deemed to be a consent to any other or subsequent assignment or sublease. 2. Continuing Liability. Lessee shall continue to be liable under the Lease, notwithstanding the Sublease. 3. Entire Agreement. This Consent constitutes the entire agreement of Lessor and Lesse
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