Fill and Sign the Assignment Lease California Form

Assignment of Lease Agreement Assignment made on the ______________________ (date) , between ____________________________ (Name of Assignor) of ____________________________ ____________________________________ (street address, city, county, state, zip code) , referred to herein as Assignor , and ___________________________ (Name of Assignee) , of ____________________________________________________________________________ (street address, city, county, state, zip code) , referred to herein as Assignee. Whereas, Assignee is purchasing from Assignor all the stock of goods, furniture and fixtures, accounts, and office supplies, including also the Lease of the building occupied by Seller at _____________________________________________________________________ (street address, city, county, state, zip code) , hereinafter called the Lease ; and Whereas the Lease is being assigned to Assignee by this instrument; 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: For value received , the receipt and sufficiency of which is hereby acknowledged, the undersigned, ______________________ (Name of Assignor) , the original lessee of that certain Lease described below, does hereby grant, bargain, sell, convey and assign unto Assignee, all Assignor’s right, title and interest in and to said Lease . The monthly rental payments as provided in said Lease agreement are $ ______________ per month with the next payment due on the ____________________ (date) . Said Lease is more particularly described as: That certain Lease Agreement executed by _______________________ (Name of Owner of Property) , and __________________________ (Name of Original Lessee) . Said Lease covers the premises located at ______________________ _______________________________________ (street address, city, county, state, zip code) , and provides for Lease payments of $______________ per month, and is dated the ___________________ (date) . Payments commenced on the _____________________ (date) and will end at the termination of the Lease on the ___________________ (date) . Assignee is further hereby assigned all his rights in the Lease and assumes all obligations subject to the laws of the State of California. Assignee is only acquiring the rights of Assignor during the term of the Lease assigned and all rights in the real estate, including ownership of same, is retained by the Owner of said premises, ________________________ (Name of Owner) . WITNESS our signatures as of the day and date first above stated. ___________________________________ ___________________________________ Printed Name & Signature of Assignor Printed Name & Signature of Assignee Notice of Assignment of Lease The Owner of the premises described above is hereby advised that the above referenced Lease has been assigned to _____________________ (Name of Assignee) , and Assignee is hereby directed to make all future rental payments to Owner at ________________ _____________________________________ (street address, city, county, state, zip code) . WITNESS my signature this ___________________ (date) . _________________________________ Printed Name & Signature of Assignor Consent of Owner _________________________ (Name of Owner) of the premises described above, 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 my signature this _____________________ (date) . _________________________________________ Printed Name & Signature of Owner