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How to Create Common and Uncommon Assignment/Subletting Problems

Under common law, absent a lease restriction, tenants had been free to assign their leasehold interest to others or to sublet all or part of their leased space. That rule of law is of little consequence today because virtually all leases restrict assignment and subletting rights, often in excruciating detail.

22 minute read April 24, 2009 at 12:27 AM
By
Ira Meislik
How to Create Common and Uncommon Assignment/Subletting Problems

Under common law, absent a lease restriction, tenants had been free to assign their leasehold interest to others or to sublet all or part of their leased space. That rule of law is of little consequence today because virtually all leases restrict assignment and subletting rights, often in excruciating detail.

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