Property Management
A Connecticut commercial tenant wants to assign their lease to a new business entity that will take over their operations. Under a standard commercial lease with an anti-assignment clause:
AThe tenant may assign freely regardless of the anti-assignment clause
BThe tenant needs the landlord's consent to assign; the landlord may approve or deny based on the assignee's creditworthiness, but cannot unreasonably withhold consent in most commercial leases✓ Correct
CThe original tenant is automatically released from all liability upon assignment
DThe assignment is automatically void
Explanation
Anti-assignment clauses in commercial leases typically require landlord consent. However, many commercial leases include a standard that consent cannot be 'unreasonably withheld,' meaning the landlord can review the assignee's financial qualifications but cannot deny a creditworthy, comparable-use assignee without good reason.
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