If I was to do an arrangement like that I would do two things: first-amend the lease with both parties written consent.

@Gerry RaeThere is a thread herehttp://www.biggerpockets.com/forums/93/topics/1847...Arizona RegsDisclosures in a Transaction:In accordance with the Commissioner’s Rule, R4-28-1101 (B), a licensee participating in a real estate transaction must disclose in writing any information the licensee possesses that materially or adversely affects the consideration to be paid by any party to the transaction, including:Any information that the seller or lessor is or may be unable to perform.Any information that the buyer or lessee is or may be unable to perform.Any material defect existing in the property being transferred.The existence of a lien or encumbrance on the property being transferred.In accordance with the Commissioner’s Rule, R4-28-1101 (E), a licensee shall not act directly or indirectly in a transaction without informing the other parties in the transaction, in writing and before the parties enter any binding agreement, of a present or prospective interest or conflict in the transaction, including that the:Licensee has a license and is acting as a principal.Buyer or Seller is a member of the licensee’s immediate family.Buyer or Seller is the licensee’s employing broker, or owns or is employed by the licensee’s employing broker.Licensee or a member of the licensee’s immediate family has a financial interest in the transaction other than the licensee’s receipt of compensation for the real estate services.In accordance with the Commissioner’s Rule, R4-28-1101 (F), a licensee shall not accept compensation from or represent more than one party to a transaction without the prior written consent of all parties.NOTE: The above listed disclosure issues reflect only those requirements in the Commissioner’s Rules.

Buyer warrants that Buyer is not relying on any verbal representations concerning the Premises.9: Buyer is liable for all taxes, insurance and Homeowners Association fees from the date of closing of this contract. 10: Seller is responsible for all taxes, insurance and Homeowner’s Association fees up to Close of Escrow.11: Buyer warrants that the Buyer has disclosed to the Seller all information that may materially and adversely affect the Buyer’s ability to close escrow or complete the obligations of this Contract. 12: Changes: Buyer shall immediately notify the seller of any changes in the loan program, financing terms, or lender described in the LSR and shall only make and such changes without the prior written consent of the Seller if the changes do not adversely affect Buyer’s ability to obtain loan approval without conditions, increase Seller’s closing costs, or delay COE.13: Verbal discussions will not extend these time periods.

I even got copies of the most recent annual termite bond inspections from a termite company to make sure there weren't any weird issues there (one house I called and got it on my own; the other they wouldn't provide without seller's consent, which I also got).  

We tend to forget that the President is powerless without the consent of Congress.

Our lease says "except in accordance with Hawaii law regarding service animals and other classified animals, tenant may not bring pets or have guest bring pets into the unit without prior written consent by the landlord". 

You are in a Tenant at Sufferance situation:A tenant at sufferance is the situation when a tenant of real estate continues to occupy the premises without the landlord's consent after the original lease or rental agreement between the landlord and the tenant has expired.

I always tee up the conversation with prospective tenant that in accepting the invitation they will need to make payment at the site and consent to the screening which will include a soft credit check.

Essentially, the upside is a bet on SF real estate continuing to rise - a good bet over the last 30 years.Cons of keeping: (1) unreasonable, tenant-skewed rent control laws - master tenants can bring in up to 2 subtenants per bedroom without landlord consent; rent increases of only 1-2% per year max; just-cause eviction law - hard to evict except for very bad behavior, so tenants essentially have a life-estate as long as they pay the rent; if you evict with owner move-in, it "taints" the building for 10 years limiting the option to condo convert, etc.; (2) the building is (10%?)

It states that the legislative exemption "shall be a matter of right except in the following situations and under the following circumstances, and none other, to wit:(1) where litigation involves emergency relief and irreparable damage;(2) where such attorney has previously been granted continuances for the same case for a period greater than one hundred eighty days; or(3) in a criminal case where the client is incarcerated unless the defendant shall give his written consent to the continuance.The good news is, he's not going to be able to get another continuance down the road.