Assignment is a transaction dependency
A practice sale may depend on the buyer obtaining the right to occupy the premises. Consent requirements, information delivery, landlord discretion and timing should be mapped early.
Commercial issues to surface
Remaining term, options, rent, additional rent, permitted use, guarantees, security, restoration, relocation and exclusivity may affect the buyer's risk and financing.
Coordinate the timelines
The purchase agreement, financing, landlord process and desired closing date should be coordinated so one workstream does not silently block another.
Obtain legal advice
Keycasa can coordinate the process and business issues but does not provide legal lease review. A qualified lawyer should interpret rights, obligations and legal effect.