Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor
Assignment made on the ___ day of _______, 20___, between _________________ of
_________________________________________ (street address, city, county, state, zip code) ,
referred to herein as Assignor, and __________ , Inc., 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 Assignee.
For and in consideration of $_________ and other good and valuable consideration, the
receipt of which is acknowledged, Assignor hereby assigns to Assignee all of Assignor's rights,
title and interest in that certain Lease dated ________ (date) made between Assignor, as Lessee,
and ___________ , Inc., of ___________________________________ (street address, city,
county, state, zip code) , as Lessor, subject to all the terms, conditions, covenants, and
agreements contained in such Lease. A true of copy of said Lease is attached to this Assignment,
which Lease covers that certain real property located at ________________________________
(street address, city, county, state, zip code) , and more particularly described as follows:
(legal description here)
Assignee accepts the above Assignment as of the above-stated effective date of this
agreement and agrees to perform all the terms, conditions, covenants, and agreements of said
Lease, that are to be performed by the Lessee. Assignee's agreement shall be binding on the
heirs, legal representatives, successors and assigns of Assignee.
WITNESS our signatures as of the day and date first above stated.
_______________________, INC.
________________________ By_______________________
Assignor (Name and Office in Corporation)
(Attach copy of Lease)
(Acknowledgment before Notary Public – form may vary by state)
Consent of Lessor
_____________, Inc., , Lessor under the assigned Lease, consents to this A ssignment of
Lease on the express condition that Assignee shall perform the terms, conditions, covenants, and
agreements of such Lease.
WITNESS our signature as of the day and date first above stated.
__________________________, Inc.
By:__________________________
(Name and Office in Corporation)
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FAQs
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With airSlate SignNow, you can complete an Assignment Lease in just a few minutes. The platform allows for quick document creation, easy eSigning, and instant delivery, enabling you to finalize agreements without unnecessary delays.
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