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Home Q&A Forum Can the tenant assign the lease to another business?

Commercial Real Estate

Commercial Lease

Massachusetts

Asked on Apr 17, 2023

Can the tenant assign the lease to another business?

I am a business owner who recently signed a commercial lease for a retail space. I was recently approached by another business who is interested in taking over my lease, and I am wondering if I am able to assign the lease to them. I am looking to understand the legal implications of assigning the lease, as well as any other requirements or restrictions I should be aware of.

1 Attorney answer

Answer

Commercial Real Estate

Massachusetts

Answered 426 days ago

Joseph M.

ContractsCounsel verified

Business Lawyer
Licensed in Massachusetts
Free Consultation

In Massachusetts, a commercial tenant can assign or sublet the unit to a third party - UNLESS there is a specific prohibition in the current lease. However, even if there is such a prohibition, it might still be worth speaking to the landlord about since it might be mutually beneficial.

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