Assigning and renewing a lease Flashcards
The consent of the landlord is needed to the assignment and has not yet been applied for. Should the client exchange contracts without obtaining landlord’s consent?
No because under the SCPC the completion date is uncertain where landlord’s consent is needed.
The SCPCs provide that if the landlord’s consent has not been obtained by the completion date, completion is postponed until 5 working days after the seller notifies the buyer that consent has been given.
The consent of the landlord is needed to the assignment and has not yet been applied for. Should the client exchange contracts without obtaining landlord’s consent?
No because under the SCPC the completion date is uncertain where landlord’s consent is needed.
The SCPCs provide that if the landlord’s consent has not been obtained by the completion date, completion is postponed until 5 working days after the seller notifies the buyer that consent has been given.
