Common Contracts
1 similar Lease Assignment Agreement contracts
Commercial lease assignment pdfLease Assignment Agreement • September 27th, 2024
A Lease Assignment Agreement enables the transfer of interest in a residential or commercial lease from one tenant to another. This document allows an original tenant to exit a lease and have someone take their place. The agreement primarily includes basic information such as party names, assignment start date, landlord name, and address. The original lease is incorporated by reference, making it unnecessary for the Lease Assignment Agreement to include extensive details. A key difference between this document and a Sublease Agreement is that an assignment transfers the entire lease interest, whereas a sublease does not. To use this document effectively, ensure the landlord's consent is obtained before filling out the agreement. The Assignor (transferring party) will transfer their rights and obligations as a tenant to the Assignee (new tenant). When a tenant wants to pass on their lease to someone else, they need a Lease Assignment Agreement. This document outlines the terms, assigns
