Advanced Leasing Strategies: Transfers to Affiliates (“Permitted Transfers”) – A Simple Solution

It’s time to peel back the layers and reveal the core of the proverbial “Permitted Transfer” clause. Oftentimes this clause is so over-lawyered that neither party can decipher what it means in practical terms. Knowing the “pain points” of the parties leads to a simple solution. Here’s how: Landlord’s View: As a basic principle, a landlord…