Fill and Sign the Assignment of Lease Agreement Secgov Form

Agreement to Assign Proprietary Lease of Cooperative Apartment and Membership Agreement to assign made on the ________________ (date), between ___________________ (Name of Assignor) of _______________________________ ____________________________ (street address, city, state, zip code), referred to herein as Assignor, and ___________________ (Name of Assignee), of ___________ ______________________________________ (street address, city, state, zip code), referred to herein as Assignee. 1. Items AssignedSubject to the terms and conditions of this Agreement, Assignor agrees to assign, and Assignee agrees to accept Assignment of, the following: A. Proprietary Lease. Assignor's entire right, title, and interest in a Proprietary Lease (the Proprietary Lease), between _______________________ (Name of Corporation), a Corporation organized not for profit and existing under the laws of the state of ______________, with its principal office located at ____________________________________________ (street address, city, state, zip code), referred to herein as Corporation. The Lease covers Apartment No. __________ (the Unit), in an apartment building owned by Corporation and known by the name _______________________ (Name of Apartment Building), and by street address as __________________ ________________________________ (street address, city, state, zip code). B. Fixtures and Equipment. Assignor's right, subject to the provisions of the Proprietary Lease, in and to all fixtures, equipment, and personal property now contained in the Unit, excepting only furniture, furnishings, and personal effects. No additional equipment or fixtures are to be installed by Assignor or the Corporation. C. Memberships Rights. All of Assignor's rights of Membership in ____________________ (Name of Corporation), which Membership includes the right to receive the Proprietary Lease and the right to exercise one Membership vote. 2. Payments DueIn consideration of the Assignment of Assignor's interests as set forth above, Assignee shall pay a total purchase price of $_____________, as follows: A.
 (the sum of the purchase price of apartment no. (the unit), the purchase price of each fixture, equipment, and personal property now contained in the unit, excepting only furniture, furnishings, and personal effects; any other costs incurred by the assignor in the acquisition of the proprietary lease, such as, but not limited to, real estate commissions, costs of furnishing or securing the unit and fixtures, real estate assessments, and costs of maintenance, repair, or improvement of the building, the costs of maintaining, repairing, or improving the plumbing or electrical system, maintenance, repair, and alterations of fixtures, equipment, and personal property, including but not limited to, security deposit and rent); and payment by cash or any other method if no cash or method shall be agreed upon in writing; or b.  (the sum of the purchase price of apartment no. (the unit), the purchase price of any fixtures, equipment, and personal property not previously described above or in the proprietary lease, including any portion of the purchase price that is not sufficient to pay for the fixtures, equipment, and personal property described above, but excluding any costs of obtaining or making payments required under the proprietary lease or to maintain the unit; any other costs incurred by the assignor of such fixtures, equipment, and personal property, excepting only furniture, furnishings, and personal effects; any additional costs incurred by the assignee in the acquisition of any fixtures, equipment, and personal property; the total amount of the purchase price of the unit and fixtures; any remaining balance in the lease as of the last day of the term; and any costs, additional obligations, commissions, or fees payable to assignor or the corporation, and any interest and any penalties owed thereon, all of which amounts shall be paid to the assignee separately. 3. Assignment of property. The provisions of this agreement shall apply with respect to any real property described in clause b of subdivision one or, as the case may be, subdivision two of this section, except that, in the event of assignment for construction of an apartment building owned by the corporation, as defined in subparagraph (b) of paragraph