Business Law Scenario Commercial Property

To develop what you believe is a terrific idea for a movie game, you read 50,000 square feet in an office building from Commercial Property, LLC, under a written five-year lease. Your address is to put the game on the market within two years. Several months into the term, a competitor out of the blue releases a new game title featuring play that would make your game appear to be a poorly crafted imitation. Can you assign the lease to another party? Explain. You would need the landlord here to get grace to an assignment of the lease.Any task would require a contract since the current lease is between you the dwell and the landlord. All leases hold close to type of clause that requires the landlord to consent to a project or triggerman lease. In most situations the landlord would permit the obligation of your lease assuming that he or she has proper belief history. But in some cases it depends on the limited liability company and if it allows it. What your competitor does has no hit on your lease.It would be nice to help recover some money that they have invested in the lease and to recover some of the loss, if it is aloud, wantfully the commercial property limited liability company allows it, because that would be genuinely nice to recover some cost and not be completely in the whole. You would have to hope that a commercial property limited liability company would work with you, but in some cases a lease is a lease no questions asked and if they decide no then that is all you fecal matter do and you will have to take a loss. But I think if you are dear you will be okay and they will be fair.