Tricky issues with sub-leases – problems and practical solutions
Recorded on: 30/04/2024
Sub-leases raise particular challenges in drafting and management for all three parties involved: landlord, head-tenant and sub-tenant.
This webinar surveys the problems and considers practical solutions.
Issues covered will include:
- Enforceability of head-tenant’s and sub-tenants’ obligations
- Anticipating and drafting for insolvency of the head-tenant, or forfeiture of the head-lease
- Consequences of the head-tenant operating a break option
- How sub-tenants operate 1954 Act procedures
- Obtaining superior landlord’s consents
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