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Question
Delta Corp. leased 60,000 square feet in an office building from Tanner under a written 25-year lease. Which of the following statements is correct?
A. Tanner's death will terminate the lease and Delta will be able to recover any resulting damages from Tanner's estate.
B. Tanner's sale of the office building will terminate the lease unless both Delta and the buyer consent to the assumption of the lease by the buyer.
C. In the absence of a provision in the lease to the contrary, Delta does not need Tanner's consent to assign the lease to another party.
D. Delta Corp. can legally take possession of Tanner's building at the end of the lease period.
Answer
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