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PLAYBOOK TEMPLATES
Property Management Agreement
A Property Management Agreement sets the terms under which an agent manages real estate on behalf of an owner. This playbook outlines duties of care, indemnification, and compensation structures.
Assignment and Subletting
Negotiation strategy
Negotiate for broad assignment rights with minimal restrictions. Ensure that consent is not unreasonably withheld and establish a clear timeframe for landlord's response.
Ensure that any assignment or subletting does not compromise the property's value or tenant mix. Require detailed information about the assignee or subtenant to make informed consent decisions.
Essential elements
1
Consent Requirement
Landlord's prior written consent.
2
Conditions for Consent
Assignee assumes lease obligations.
3
Release of Liability
Conditions for tenant's release.
Action framework
ACCEPT
Propose edits if consent procedures are vague or overly restrictive.
EDIT
Reject if the clause allows arbitrary refusal of consent.
ADD
Add language for automatic consent if no response in set time.
PRO TIP
Always specify a reasonable timeframe for landlord's response to consent requests.
Real-world examples
FAVORABLE
Preferred Assignment and Subletting Clause
"Tenant shall have the right to assign this Lease or sublet the Premises, subject to obtaining the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned, or delayed."
NEUTRAL
Standard Assignment Clause
"Tenant may assign or sublet with Landlord's consent, which shall not be unreasonably withheld."
UNFAVORABLE
Restrictive Assignment Clause
"Tenant may not assign or sublet without Landlord's absolute discretion."
Alternative scenarios & positions
High-Value Lease or Strategic Location
In high-value or strategic locations, ensure assignment rights are flexible to adapt to business needs. Engage senior counsel for tailored provisions.
Short-Term Leases
For short-term leases, prioritize ease of assignment to facilitate quick business pivots or exits.
Co-Working Spaces
In co-working spaces, ensure subletting rights to accommodate fluctuating team sizes and collaborative opportunities.
Access all other DocJuris Playbooks
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WEEK 1
CLM Readiness and Design
Our CX team works with you to understand your contracting challenges, prioritize key workflows, and identify the biggest impact areas. We build a tailored implementation plan that fits your needs.
WEEK 2
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We connect DocJuris to your contract repositories, set up admin and user accounts, and ensure your environment is ready for success.
WEEK 3
Deliver & Test
Your team builds initial playbooks, reviews existing clause libraries, and trains the DocJuris agent to align with your internal standards and negotiation positions.
WEEK 4
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