Lease Assignments: How to Assign and How to Do It Audio Download

      By James Goodrich, Nancy Ann Connery and Ruth A Schoenmeyer

      Lease Assignments: How to Assign and How to Do It Audio Download

      Lease Assignments: How to Assign and How to Do It Audio Download

      By James Goodrich, Nancy Ann Connery and Ruth A Schoenmeyer

      PROGRAM INFORMATION Although the assignment agreement itself can be a relatively simple document, the considerations that go into the decision as to whether to assign or sublet are often complex, as is the related due diligence. The panelists will discuss, among other things: Factors for a tenant and prospective assignee/subtenant ...
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      PROGRAM INFORMATIONAlthough the assignment agreement itself can be a relatively simple document, the considerations that go into the decision as to whether to assign or sublet are often complex, as is the related due diligence.The panelists will discuss, among other things:
      • Factors for a tenant and prospective assignee/subtenant to consider in assignment vs. sublet decisions, including the underlying economics of the two types of transactions, bankruptcy issues, and relative exposure to risk for the tenant and its transferee;
      • Assignments pro tanto;
      • The due diligence that must be conducted by both the assignor and the assignee, including lease review, physical plant investigation, and estoppel certificates;
      • The assignment agreement, including the scope of the assignee's assumption obligation, indemnification issues, treatment of the security deposit, and securing the assignor's or assignee's monetary obligations; and
      • Landlord consents (and why can't the landlord just say "yes"?)

      Product Details

      Authors

      James Goodrich, Nancy Ann Connery, Ruth A Schoenmeyer

      Sponsors

      Section of Real Property, Trust and Estate Law

      Product Code

      5430554AUD

      Publication Date

      1/1/2011 12:00:00 AM

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