Assignment on the Case Question & Answer

The first thing, which is very important here i.e. the consent of the property owner is necessary for a tenant in order to assign, encumber or sublet the property under the lease agreement. Therefore, the property owner’s consent is the priority thing because without the consent of Landlord the agreement will stand as void (not having any legal aspect). For taking the consent of the property owner, the tenant will serve a notice wherein he would describe the proposed dates, all material terms, description of the portion, which is to be transferred, and lastly the any other information required by Landlord. In response to the notice of tenant, the property owner has some obligations in such scenarios

Assignment on the Case Question & Answer By ABC Date: Case Question & Answer Q. Assume you sign a lease with the above provision and you now want someone to take over your lease payments so you can move to another state. How can you accomplish this? Provide in detail how you will do this. Solution: The first thing, which is very important here i.e. the consent of the property owner is necessary for a tenant in order to assign, encumber or sublet the property under the lease agreement. Therefore, the property owner’s consent is the priority thing because without the consent of Landlord the agreement will stand as void (not having any legal aspect). For taking the consent of the property owner, the tenant will serve a notice wherein he would describe the proposed dates, all material terms, description of the portion, which is to be transferred, and lastly the any other information required by Landlord. In response to the notice of tenant, the property owner has some obligations in such scenarios, which are; he has to reply the notice within the stipulated period wherein he will jot down his consent or refusal to consent. In addition, if the Landlord fails to respond the notice than the tenant would not be able to transfer the property without the consent of the Landlord. There is another point that the Landlord could not hold the notice for long period because he has to reply the notice. Therefore, if the consent of the Landlord is due or he has not gave it than he have to give the Landlord, the rent of the lease property and should be abided by the court of law to comply with his all other obligations. The lease agreements would require the consent of the Landlord and despite of this they could not be able to complete their transfer deeds.

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Paper's Detail

Category Consumer Behavior
Paper Type APA
Reference Type Essay
Words 313

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