Licence to assign — some problems Available to Purchase

Landlords seem to be receiving more applications for consent to assignment of commercial leases than ever before. It is no doubt a reflection of the present economic climate in which many tenants find it increasingly difficult to pay ever escalating rents, and landlords are justifiably scrutinizing such applications more closely than ever before. The purpose of these notes is to review briefly the basic legal position and to discuss some of the more problematical points.