Agreement by Lessor to Assign Lease Agreement
Agreement made on the ______________ (date) , between _______________________
(Name of Prospective Assignor) , a corporation organized and existing under the laws of the
state of _______________, with its principal office located at ___________________________
_____________________________________________________ (street address, city,
county, state, zip code) , referred to herein as Prospective Assignor , and _________________
(Name of Prospective Assignee) , a corporation organized and existing under the laws of the
state of ______________, with its principal office located at ____________________________
_________________________________________________ (street address, city, county,
state, zip code) , referred to herein as Prospective Assignee .
Whereas, Prospective Assignor has previously entered into a Lease Agreement, as
Lessor, ______________________________________________________________________
_________ (street address, city, state, zip code) , with ___________________ (Name of
Lessee) , of __________________________________________________________________
____________ (street address, city, state, zip code) , as Lessee; and
Whereas, a copy of the Lease Agreement, dated ________________ (date) , is attached
to this Agreement as Exhibit A ; and
Whereas, Prospective Assignor desires to assign, and Prospective Assignee desires to
assume all future rights, pertaining to the collection of rent, and the covenants contained in the
Lease Agreement for enforcement of rent collection;
Now, therefore, for and in consideration of the mutual covenants contained in this
agreement, and other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows:
1. Prospective Assignor will assign to Prospective Assignee , on or before ______________
(date) , all rights, in the rent required to be paid under the provisions of the attached Lease
Agreement which shall be due on or after _________________ (date) , together with all
covenants contained in the Lease Agreement relating to the collection and enforcement of
collection of rent, for the premises (the Premises ) described as follows: (Description of
Premises) __________________________________________________________________
___________________________________________________________________________.
2. The term of the Lease Agreement is for _____ (number) years, terminating on
_________________ (date) .
3. The Assignment shall become effective on _______________ (date) .
4. Prospective Assignor shall provide written Notice of the Assignment within _______
(number) days of the execution of this Agreement to Lessee. The notice shall contain the name
and address of Prospective Assignee , the address to which all future rent payments shall be
made by Lessee, and the effective date of the Assignment.
5. Prospective Assignee will perform all of the provisions or the Lease Agreement with
regard to collection or enforcement of collection of the rent. Prospective Assignor shall be liable
for performance of all other provisions contained in the Lease Agreement.
WITNESS our signatures as of the day and date first above stated.
___________________________ ____________________________
(Name of Prospective Assignor) (Name of Prospective Assignee)
By:______________________________ By:_______________________________
___________________________ __________________________
(P rinted name & Office in Corporation) (P rinted name & Office in Corporation
___________________________ __________________________
(Signature of Officer) (Signature of Officer)
Attach Exhibit
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
An Agreement Lessor Lease is a legal document that outlines the terms between a lessor and lessee regarding the rental of property. airSlate SignNow simplifies the process of creating, sending, and eSigning these agreements, ensuring that both parties can finalize the lease quickly and securely.
airSlate SignNow offers flexible pricing plans that cater to different business needs, starting from a cost-effective monthly subscription. This pricing structure allows you to manage and eSign your Agreement Lessor Lease without breaking the bank, making it an ideal solution for businesses of all sizes.
Yes, airSlate SignNow includes features tailored for managing Agreement Lessor Leases, such as customizable templates, automated reminders, and secure cloud storage. These features streamline the leasing process and help ensure that all parties stay on track with their obligations.
Absolutely! airSlate SignNow integrates seamlessly with a variety of business applications, including CRM systems and document management tools. This integration capability enhances your workflow, making it easier to manage your Agreement Lessor Lease alongside other important business processes.
Security is a top priority at airSlate SignNow. All documents, including your Agreement Lessor Lease, are encrypted both in transit and at rest, ensuring that sensitive information remains protected from unauthorized access.
Using airSlate SignNow for eSigning your Agreement Lessor Lease provides numerous benefits, including faster turnaround times, reduced paper usage, and enhanced tracking of document status. This efficiency helps both lessors and lessees finalize agreements promptly while minimizing potential disputes.
Yes, creating an Agreement Lessor Lease with airSlate SignNow is straightforward thanks to its user-friendly interface and customizable templates. You can quickly fill in the necessary details and send the lease for eSignature, making the entire process hassle-free.
The best way to complete and sign your agreement lessor lease form
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