A lease assignment will transfer an active lease to a new tenant. The consent of the landlord is required. We've got professional forms, and a free boilerplate template.
These forms, provided by Nolo, are legally valid in your state, professionally written, and regularly updated by expert attorneys. Use these if you need to create a legally enforceable contract.
The form below is a very basic one, using boilerplate language, and is intended for educational purposes only. It has not been vetted by an expert, or recently updated. It may not be legally valid.
ASSIGNMENT OF LEASE BY LESSEE WITH CONSENT OF LESSOR
This Assignment made this _____ day of ____________, 20__, by _________________________, whose address is _________________________________________________________________, (Assignor), to ____________________________________ whose address is _____________________________________________________________________, (Assignee.)
For good and valuable consideration, the receipt of which is hereby acknowledged, Assignor assigns and transfers to Assignee that certain lease, dated the _____ day of ____________, 20__, executed by Assignor as Lessee and by ______________________________, as Lessor, of the following described premises_______________________________________________________, together with all his right, title, and interest in and to the lease and premises, subject to all the conditions and terms contained in the lease, to have and to hold from the _____ day of ____________, 20__, until the present term of the lease expires on the _____ day of ____________, 20__.
A copy of said lease is attached hereto and made a part hereof by reference.
Assignor covenants that he is the lawful and sole owner of the interest assigned hereunder; that this interest is free from all encumbrances; and that he has performed all duties and obligations and made all payments required under the terms and conditions of the lease.
Assignee agrees to pay all rent due after the effective date of this assignment, and to assume and perform all duties and obligations required by the terms of the lease.
CONSENT OF LESSOR
I, ____________________________, Lessor named in the above assignment of that lease executed by me on the _____ day of ____________, 20__, consent to that assignment. I also consent to the agreement by assignee to assume, effective the _____ day of ____________, 20__, the payment of rent and performance of all duties and obligations as set forth in the lease, and release _______________________________________, from all duties and obligations under the lease.
Lessor_______________________________ Date____________, 20__