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Assignment of Lease Package West Virginia Form

Assignment of Lease Package West Virginia Form

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hi this is robert over at capital retail group i'm a commercial real estate broker and property manager here in maryland we serve maryland virginia and washington dc uh today's topic is about business transfers lease assignments oftentimes we got we get calls from tenants that want to sell their business and they want to know a little bit more about the process for doing that well let me rephrase actually most of the time they say i'm selling my business they start on thursday what do i do and i'm like whoa hold on if you look at the lease most leases say that the landlord has the right to approve the lease of the new business owner and there's a process for doing that so as the property manager you know we want to make sure we understand who the new business owner is so we here at capital retail group we always require a credit check making sure that their credit is about the same as the previous tenants uh credit make sure it's good tha

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