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Nonassignability Clauses In Commercial Leases: When Is An Assignment Not An Assignment?

By Jack Murray on February 16, 2017

What is the scope of a non-assignability provision in a commercial lease?  How specific must the non-assignability language be to cover collateral assignments for security as well as absolute present assignments of possession and use? If the lease clause expressly states only that the tenant will not assign or sublease its interest in the...

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Topics: Assignments