Any solution? Leasing agent incredibly dragging his feet.

Leasing agent incredibly dragging his feet.

We are selling a small business in FL.

Everything is ready for the sale to go through Including financing except the lease. The retail business is in a mall.

The buyer wanted an extension in the lease, which the leasing agent for the landlord indicated would be no problem.

However, the leasing agent  has been dragging his feet. It has been OVER 10  WEEKS. He is very rude in his communications. 

The leasing agent works for a  property management company. We wrote to the CEO of the property management  company and he referred us back to the leasing agent. It has fallen on deaf ears.

There is no end in sight. We are TOTALLY  at the mercy of this rude leasing agent who’s basically delaying the sale from going through. 

This is the only thing that is stopping the transaction.

Is there anything we can do to expedite the lease assignment and extension?

Are there any laws for this sort of thing?
[{"id": "invo5mp", "text": "Your assignment language should say \u201capproval not be unreasonably withheld\u201d or something similar. \n\nPut in writing that LL is being unreasonable and you will be compelled to seek relief from the court if they do not approve the assignment", "replies": [], "depth": 1}, {"id": "invz6t9", "text": "While you might have something in your lease concerning expediency of an assignment, there\u2019s likely nothing requiring anyone to extend your lease, or negotiate with any specific timing.\n\nThe lease is often the last thing people think about in a sale of the business, but I always reccomend tenants give themselves at least 60 days to get an assignment in order. Unfortunately there just isn\u2019t much leverage you generally have to make it a major priority for a landlord.\n\nFor your position, I would try to get your buyer to settle the assignment first and the extension later if possible. You will likely get it closed faster that way.\n\nAlso just for anyone else reading, if you are looking to sell your business, make sure you have solid lease term and extensions in place first. In most retail cases, control of the location is a major factor. Don\u2019t know how often I\u2019ve seen someone try to sell a business with 60 days left on a lease/mtm term/etc.", "replies": [], "depth": 1}, {"id": "inwrtex", "text": "Review the lease for language regarding the assignment. If you have options of term remaining you should have a good shot of extension. If you have not options remaining and little base term remaining the landlord may be looking to turn the space and raise rent. In the event you have options there may be pre-negotiated terms or it may refer to \u201cmarket rent\u201d. Though it sounds like it\u2019s in a mall and may be less impacted retail rents overall have been rising due to the cost of construction, so you could be looking at a big jump in base rent.", "replies": [], "depth": 1}, {"id": "inx58xd", "text": "Get ahold of the property owner and/or his attorney. Rude brokers are a dime a dozen and if you try and report him he\u2019ll just say he was just stalling or something to get a better deal. If I were to guess, the broker isn\u2019t getting a commission or is getting less of a commission for the extension. Wouldn\u2019t be the first time\u2026", "replies": [], "depth": 1}, {"id": "inyjmxo", "text": "Get a hold of the landlord", "replies": [], "depth": 1}, {"id": "io13cdk", "text": "What did your lawyer say?", "replies": [], "depth": 1}]