Operating A Co-Working Premises: Operator Rights Upon Transfer Of Co-Working Premises To Third Parties

This article details the safeguards and mechanisms that co-working space operator can negotiate to nullify or mitigate the adverse affects of the sale of such property to a third party. It is Part III in our series of articles on setting up and operating a co-working space in India.

Part I of the series details the issues addressed by a legal due diligence undertaken on a premises to identify risks associated with converting the same into a co-working space.

Part II of the series details the typical issues addressed by a technical due diligence undertaken on a proposed co-working space to ensure continuous, safe, and incremental operations from the same.

Part IV of the series details a few of the owner-rights typically contained in an O&M Agreement.