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...
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.
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.
