TRANSFER & SECURITY · CRITICAL REVIEW PRIORITY
Assignment, subletting and change of control
Controls transfers of the lease, subleases, corporate transactions, affiliates, franchise or licence arrangements and continued liability.
This is not model language.
The actual meaning depends on the complete lease, amendments, facts and governing law. Use the prompts below to extract and brief the issue; do not paste this page into a lease as a substitute for drafting and legal review.
Questions to answer before the legal call
- Which corporate transactions are transfers?
- Are affiliate and control-change transfers pre-approved?
- Can the landlord recapture the space or share transfer consideration?
What to capture from the document
Consent transfers
Record consent standard, submission package, response time and conditions.
Permitted transfers
Capture affiliate, merger, sale-of-business and financing exceptions.
Consequences
Record recapture, profit sharing, fees, release and continuing liability.
Patterns that deserve a closer read
- Change of control defined more broadly than the company’s likely transactions
- Recapture triggered by a request for consent
- Original tenant liability continuing after an approved transfer without release path
A focused instruction for legal review
Test the clause against the tenant’s ownership, financing and exit plans and the landlord’s credit and use controls, including every deemed transfer and consequence.
Jurisdiction and statutory context
These sources support limited context only. They do not decide how the actual lease operates.
Québec — Civil Code, lease provisions ↗Official Civil Code of Québec. General lease provisions begin at article 1851; civil-law analysis is distinct from common-law provinces.