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Parties contemplating lease terms that relate to subleasing or terms for an actual sublease should consider the implications that case law may have on the survival of a sublease upon the surrender, forfeiture, or termination of a prime lease. Failure to do so could result in in an unexpected outcome.…

Buyers frequently request Sellers to extend the agreed upon closing date for real estate transactions.  In response to such a request, Seller will often agree to provide Buyer with an extension if Buyer increases Buyer’s deposit. Let’s call this Response #1. As an alternative, Seller may want to consider agreeing…