If the letter writer's lease contains such an exception, then the board has no power to prohibit the transfer.
Certain rental leases may also contain such a provision.
The subsequent lease signed in 1960 also contained an escape clause if the team failed to draw 850,000 per season.
The lease does not contain any purchase price terms.
The lease contains the standard "no pets without the express consent of the owner" clause.
Most leases also contain a provision giving residents the right to the "quiet enjoyment" of their apartments.
All had assumed that the previous lease did contain the right to renew.
"So if the writer's lease contains such language, a $150 per month fee would likely be upheld."
However, the lease contained the condition that the dilapidated building must be well maintained and they were unable to find a tenant.
If the lease contains a regular escalation clause, that's not a problem.