Lease Assignment Agreement Template

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Lease Assignment Agreement Template

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Lease Assignment Agreement Template (1)
Between:
[Name of Current Tenant]
[Current Tenant’s ID]
[Current Tenant’s Address]
[Current Tenant’s Phone]
[Current Tenant’s Email]
And:
[Name of Assignee]
[Assignee’s ID]
[Assignee’s Address]
Effective Date:
This Lease Assignment Agreement is made effective as of [Effective Date].
Background:
The Current Tenant wishes to assign their rights and obligations under the Lease Agreement dated [Original Lease Date], for the property located at [Property Address].
Clause 1: Assignment of Lease
The Current Tenant hereby assigns, transfers, and conveys to the Assignee all rights, obligations, and interest in the Lease Agreement.
Clause 2: Acceptance of Assignment
The Assignee agrees to accept the assignment of the Lease and to perform all obligations under the Lease as if they were originally a party to it.
Clause 3: Landlord Consent
This assignment is contingent upon obtaining express written consent from the Landlord as required by the Lease Agreement.
Clause 4: Release from Liability
Upon successful assignment, the Current Tenant shall be released from all obligations under the Lease Agreement from the Assignment Date forward.
Clause 5: Governing Law
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Current Tenant]
[Name of the Current Tenant]
[Signature of the Assignee]
[Name of the Assignee]
Lease Assignment Agreement Template (2)
Between:
[Name of Current Tenant]
[Current Tenant’s ID]
[Current Tenant’s Address]
[Current Tenant’s Phone]
[Current Tenant’s Email]
And:
[Name of Assignee]
[Assignee’s ID]
[Assignee’s Address]
Recitals:
The Current Tenant is a party to a Lease Agreement dated [Original Lease Date] for the premises located at [Property Address], and wishes to assign the Lease to the Assignee.
Clause 1: Purpose of Assignment
The purpose of this Assignment is for the Assignee to take over the leasehold interest and responsibilities under the Lease Agreement.
Clause 2: Responsibilities of Assignee
The Assignee shall assume all terms and conditions of the Lease, including payment of rent in the amount of [Monthly Rent] due on [Due Date].
Clause 3: Landlord’s Rights
The Landlord retains the right to approve or deny the Assignee based on [Criteria for Approval].
Clause 4: Indemnification
The Assignee agrees to indemnify the Current Tenant against any and all claims arising from the Lease after the Assignment Date.
Clause 5: Modification of Agreement
Any modification of this agreement must be in writing and signed by both parties.
Signed in [City], [Date].
Sincerely,
[Signature of the Current Tenant]
[Name of the Current Tenant]
[Signature of the Assignee]
[Name of the Assignee]

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Please complete the form below to create the Lease Assignment Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Lease Assignment Agreement Template

1. Assignor Information


2. Assignee Information


3. Original Lease Information

4. Details of Assignment

5. Effective Date of Assignment

6. Rent Payment Details

7. Security Deposit Information

8. Consent of Lessor

9. Indemnification Clause

10. Signatures and Acceptance

11. Declaration and Signatures



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Lease Assignment Agreement Template

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Lease Assignment Agreement Template