Contracts
A Vermont commercial lease that allows the tenant to 'sublease or assign' the lease with landlord consent is most beneficial to:
AThe landlord who gains additional tenants
BThe tenant, who gains flexibility to exit the lease by finding a qualified subtenant or assignee if their business needs change✓ Correct
CThe Vermont Real Estate Commission
DThe mortgagee of the building
Explanation
Assignment/sublease rights with landlord consent give Vermont commercial tenants flexibility. If the tenant's business changes or they need to vacate, they can find a qualified replacement tenant to take over the space (subject to landlord approval), rather than being locked into rent payments on unused space.
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