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This entry was published on 2014-09-22
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SECTION 72-P
Lease of real property by a municipality
General Municipal (GMU) CHAPTER 24, ARTICLE 5
* § 72-p. Lease of real property by a municipality. Notwithstanding
any provision of any general, special or local law or of any charter,
whenever a municipal corporation enters into a lease of real property
the lease agreement shall provide that the tenant may not assign the
lease to a third party unless such assignment is approved by the
municipal corporation. A municipal corporation may not arbitrarily and
capriciously withhold its approval of such assignment. The provisions of
this section shall not apply to the leases of real property to municipal
or public corporations.

* NB There are two § 72-p's