Hi Brian, What is your concern regarding the “no assignment” clause?
Pat -- Patrick W. Manley, RA, AIAA, ALA Manley Architecture Group/MAG 3820 North High Street Columbus, Ohio 43214 Ph: (614) 545-1147 Cell: (614) 496-9096 Association of Licensed Architects (ALA) www.manleyarchitects.us Past President, Ohio Chapter of the Association of Licensed Architects and ALA National Board of Directors On Jun 8, 2018, at 7:32 PM, Brian Burgett <[email protected]> wrote: Hi all, This is such a great resource! Thank you! I am working on opening a coworking space in northern Cincy. I have been working hard on getting a great lease put together. I absolutely love the space. We are the landlords first coworking tenant. They are pretty excited about having us join. The problem is that they have a pretty standard lease and it includes a non-assignment clause. They agree it doesn't fit. It states they have to approve any sublease agreements (my attorney says it could apply to our type of business). It also states that any sublease rent we get over the lease amount goes to the landlord. The landlord has asked my attorney to come up with a better clause. Can any of you who have signed a lease for a coworking space share the terms you have laid out in your lease on this issue? I would think I need to include that I have sole discretion to sublease and assign. It may include a description of how we make money? Am I missing anything? Thank you all for the great conversations we have on this group! Best regards, Brian Burgett Create your own email signature -- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
