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OCR Landlord Consent To Sublease Agreement

OCR Landlord Consent To Sublease Agreement

Aug 6th, 2022

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How to OCR Landlord Consent To Sublease Agreement

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This video tutorial covers the sublease consent form related to sublease agreements. It clarifies the distinction between a sublease and an assignment, noting that a sublease is formed between a tenant and a subtenant, typically for part or the whole of the premises. In a sublease, the tenant transfers privity of estate but retains privity of contract, resulting in two separate contractual relationships: one between the tenant and the subtenant, and another between the tenant and the landlord. The subtenant does not have a direct contractual relationship with the landlord. If issues arise, the tenant must notify the landlord through the tenant. If the lease does not restrict subleasing, the tenant generally has the right to sublease freely, but it's advisable to seek consent to avoid confusion.

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