Lease Exhibit 7: Issue Rankings Essay

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In truth, it would be preferable on the part of the landlord not to allow assignments or sublets of any type, but it is likely that the tenant will want this option in order to allow them greater flexibility should their need for space prove to be less than estimated and again, due to the amount of space available on the market in China it is largely a buyer's market. The tenant will likely request some subletting allowance for at least a portion of the space rented, and this concession should be made.

One of tenant's other issues of greatest importance, the Expansion Option, also relates to this desire for flexibility. Should more space be required, the tenant would want to be able to expand without undue constraints or complications, and ensuring that this could be accomplished would be a major concern of the contract agreed upon. The tenant would also need repairs to be completed immediately and would certainly prefer to have these be the landlord's responsibility, and the market size again gives the tenant more negotiating power in this area. Though the landlords would undoubtedly like to absolve themselves of repair responsibilities, it is unlikely that they will be able to do so in the current environment.

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Being a Landlord in China

Payment structures, including interest charged on late fees, greatly favor landlords I China when compared to many other countries. Restrictions on rent limits and raising rents are being abolished in China, for example, whereas in Dubai new laws are being enacted that limit rents and the amounts by which rents can be raised. Saudi Arabia, too, has stricter limitations on the actions landlords can take and the amount of rent and interest landlords can charge......

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"Lease Exhibit 7 Issue Rankings" (2011, October 18) Retrieved June 28, 2025, from
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"Lease Exhibit 7 Issue Rankings" 18 October 2011. Web.28 June. 2025. <
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"Lease Exhibit 7 Issue Rankings", 18 October 2011, Accessed.28 June. 2025,
https://www.aceyourpaper.com/essays/lease-exhibit-7-issue-rankings-46586
   

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