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23
May

Can a landlord withhold their consent to an assignment of a lease?

There are examples where a Landlord can reasonably withhold consents to an assignment; if for example other property owned by him would be injured by the use for which the proposed assignee requires the premises, or if the assignee wished to profit from redevelopment plans by means of a nuisance value. The Landlord however cannot refuse assignment on the basis that he wishes to gain possession of the property himself, but there are circumstances when this is the case especially on the termination of a Lease. Careful handling is required if you are a landlord or tenant.

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