Section 72-P. Lease of real property by a municipality  


Latest version.
  • 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