What Is an Assignment of Lease?

The transfer fee is a Chinese vocabulary, and the pinyin is zhun ràng fèi. It means that the tenant sublets the house after obtaining the consent of the landlord during the lease period of the shop (not expired). Permit fees, other intangible assets), etc., are transferred to the next tenant together, and the fees charged to the next tenant in excess of the rent payable are transfer fees.

Transfer fee

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The transfer fee is a Chinese vocabulary, and the pinyin is zhun ràng fèi. It means that the tenant sublets the house after obtaining the consent of the landlord during the lease period of the shop (not expired). Permit fees, other intangible assets), etc., are transferred to the next tenant together, and the fees charged to the next tenant in excess of the rent payable are transfer fees.
Chinese name
Transfer fee
Definition
Certain sublease fees paid to the original operator
Time period
During the lease
major factor
Location, store visibility
The transfer fee generally includes the decoration fee, miscellaneous fees and other related costs of the original operator.
Store transfers do not necessarily have a transfer fee, but most transfer fees go from level to level.
The amount of the transfer fee may not be notified to the landlord, but the new lease contract must be signed by the landlord, the original operator and the next operator.
Transfer fees are also an important indicator of the popularity of the market.
The main factors affecting transfer fees:
1. The original storefront decoration, that is, the decoration expenses previously paid by the original operator.
2. Location, store visibility, brand and other operating environments.
3. The lease term of the original operator and the leaseable period of the storefront. Generally, the shorter the expiry time of the lease, the less the transfer fee.
4. Some compensation for the original operator
5. Other additional costs (such as payment for goods transfer)

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