Parties
Full legal names and capacities of assignor and assignee; include entity type and authorized signatory details in one place for clarity.
A well-drafted Assignment of Leases minimizes dispute risk, clarifies who has rent and repair responsibilities, and creates a document suitable for recording and lender review when required by lease or mortgage provisions.
Typical users include landlords, tenants assigning their rights, prospective assignees, property managers, and attorneys handling real estate transfers.
Full legal names and capacities of assignor and assignee; include entity type and authorized signatory details in one place for clarity.
Cite lease date, parties, and agreement title so the assignment unambiguously ties to the original lease and its exhibits or amendments.
Specify which rights transfer (rent receipts, security deposit, renewal rights) and any retained rights or exceptions by the assignor.
State the payment or other consideration supporting the assignment; include amount, timing, and whether the original lease required payment to the landlord.
Include statements on enforceability, absence of defaults, and authorization to assign, and identify any outstanding disputes affecting transferred rights.
Provide signature blocks, notarization if required, landlord consent lines, and instructions for recording or delivering executed copies to stakeholders.
| Field | Configuration |
|---|---|
| Document template | Use a standard assignment template with locked clauses |
| Signer roles | Assign role order: assignor, assignee, landlord (if consenting) |
| Authentication | Choose email link, SMS code, or higher ID verification |
| Notifications | Auto-send executed copy and certificate to stakeholders |
Use a platform that supports PDF and DOCX formats, audit trails, and configurable signer authentication to meet lease and lender conditions.
Specify MM/DD/YYYY when assignment becomes operative
Lease may require landlord response within 10–30 days
Provide copies to all parties immediately after signing
Record promptly when required to protect assignee rights
Retain copies for tax and accounting as required
Owners or landlords sign to acknowledge or consent to an assignment; if a company signs, include the authorized signatory’s printed name and title and confirm corporate authorization.
An authorized officer, manager, or agent signs for the assignee; attach corporate resolution or power of attorney when signing for entities.
Martin Properties used an online assignment template to transfer a tenant lease quickly
Optica Ventures assigned sublease rights during a portfolio sale
Original lease, amendments, estoppel certificates and landlord consent documents attached as exhibits to the assignment.
Provide final executed copies in PDF/A for recording and secure archival in addition to editable DOCX when needed.
Include a certificate of execution, notarization block if required, and any corporate resolutions as supporting proof of authority.
Deliver executed copies to landlord, assignee, assignor, lender, and property manager; retain master copy in secure records.
Prepare assignment and attach original lease exhibits for reference
Submit landlord and lender consent requests and allow lease-specified response time
All parties sign, date, and notarize if required by state or lease
Record or deliver copies to parties and lenders per lease or mortgage provisions
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial, no credit card | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |