A Lease Assignment is a legally binding agreement that allows a tenant to transfer their lease obligations to another tenant. Lease Assignments can be useful when the original tenant needs to move and wants someone else to take over the lease.
A Lease Assignments can be used to transfer either a residential or commercial lease agreement, and they typically cover the terms of assignment, the consent of the landlord, and the acceptance by the assignee. It's important to note that the original tenant must obtain the landlord's consent before transferring the lease. If the landlord's consent is required in the original lease and not obtained prior to making the assignment, the Lease Assignment will be void, and the original tenant will remain liable under the original lease agreement.
If you need to transfer your lease to someone else, use a Lease Assignment to legally transfer your lease obligations. This can help ensure a smooth transition of responsibility and protect you from liability. You can use this Lease Assignment, which includes a landlord consent form for your convenience, to help simplify the process.
