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Commercial Lease Assignment

An assignment of lease is an agreement whereby the original tenant to a lease assigns his rights and responsibilities under that lease to another person. The original tenant may choose to use an assignment for a number of reasons including job relocation, financial concerns or other changes in circumstance. This form is for use with commercial leases and comes with an optional landlord consent.

This form can be used in all states.

This packet includes:
(1) Instructions and Checklist;
(2) Information about the Assignment of Commercial Lease; and
(3) The Assignment of the Commercial Lease (the “Assignment”)

Among others, this form includes the following provisions:
• Assignment
• Assumption of Rights and Obligations
• Indemnification
• Assigner’s Representations
• Binding Effect

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  • Includes:
    Instructions
    Free Checklist
  • State: All
  • Number of Pages: 6
  • File Types Included:
    Microsoft Word
    Adobe PDF
    WordPerfect
    Rich Text Format
  • Compatible with: Windows, Mac OS and Linux

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Commercial Lease Assignment

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nment of Commercial Lease 3 EXHIBIT A MASTER LEASE Assignment of Commercial Lease 4 Master Lease, hereby consents to the foregoing Assignment. LANDLORD: _____________________________ _____________________________ (Name) _____________________________ (Position, if applicable) Assig_______ (Name) _______________________________ (Position, if applicable) LANDLORD'S CONSENT If Landlord's consent is not required, Assignor shall initial here [____]. The undersigned, Landlord in the___________________________ ___________________________________ (Name) ___________________________________ (Position, if applicable) ASSIGNEE: _______________________________ ________________________f page intentionally left blank] Assignment of Commercial Lease 2 IN WITNESS WHEREOF, the Parties have caused this Assignment to be executed the day and year first above written. ASSIGNOR: ___________________________________ ______________________________________________________________________________ ______________________________________________________________________________ [Remainder o______________________________________________________________________ ______________________________________________________________________________ __________________________________________________'s right to subsequently enforce and compel strict compliance with every provision of this Assignment. 9. ADDITIONAL TERMS & CONDITIONS: (Specify "none" if there are no additional provisions) :_______s from time to time by providing notice as set forth above. 8. WAIVER: The failure of either party to enforce any provisions of this Assignment shall not be deemed a waiver or limitation of that party_________________________ ________________________________ Assignee: ______________________________ ______________________________ ______________________________ Either party may change such addresseto this Assignment shall be in writing and mailed certified return receipt requested, postage prepaid, or delivered by overnight delivery service to: Assignor: ________________________________ _______ LAW: This Assignment shall be governed by and construed in accordance with the laws of the State of ______________________________________. 7. NOTICE: Any notice required or otherwise given pursuant . 5. BINDING EFFECT: The covenants and conditions contained in the Assignment shall apply to and bind the Parties and their heirs, legal representatives, successors and permitted assigns. 6. GOVERNING and obligations and made all payments required under the Master Lease. Assignor further warrants that the contract rights transferred in this Assignment are free of lien, encumbrance or adverse claimd effect and fully assignable or may be assigned with consent of Landlord (such consent to be obtained by Assignor before executing this Assignment). Assignor warrants that he has performed all dutieslated to Assignee's breach or default of the obligations or covenants in the Master Lease or this Assignment. 4. ASSIGNOR'S REPRESENTATIONS: Assignor warrants that the Master Lease is in full force ane Date as if Assignee were the original tenant therein. 3. INDEMNIFICATION: Assignee will indemnify, protect and hold Assignor harmless from and against any and all loss, cost, or damage in any way re title and interest to the Master Lease and (ii) agrees to comply with all the terms, make all payments, and perform all conditions and covenants in the Master Lease due or required after the Effectiv title held by Assignor in and to the Master Lease from the Effective Date until the present term expires. 2. ASSUMPTION OF RIGHTS AND OBLIGATIONS: Assignee hereby (i) assumes all of Assignor's right, as Exhibit A. The Parties agree as follows: 1. ASSIGNMENT: For value received, the sufficiency of which is hereby acknowledged Assignor hereby assigns to Assignee all of his/her interests, rights and_____________________ ("Landlord") for a term ending on ______________, 20___, for the premises located at __________________ _____________________________________(the "Master Lease"), attached hereto_____________ ("Assignee") (collectively referred to as the "Parties"). Assignor is the original "Tenant" in the ______________________agreement dated _________________ between the Assignor and ______made and entered on _____________________________________________, 20______ (the "Effective Date"), by and between _________________________________________ ("Assignor") and __________________________before using this form you should always consult with your attorney to ensure that it addresses your specific situation. ASSIGNMENT OF COMMERCIAL LEASE This Assignment of Lease (the "Assignment") is ate laws differ dramatically, therefore the landlord, the Assignor and the Assignee should all become familiar with the laws of their state before entering into this type of arrangement. In addition, andlord. The law generally does not require that they consent to an assignment, so it is best to handle the situation diplomatically. These types of agreement are governed by state law. Many of the stending on your original lease, to perform an assignment you may also need the consent of the landlord. Review your original lease to determine whether such consent is required. If it is, contact the lr that lease to another person (the "Assignee"). The Assignor may choose to use an assignment for a number of reasons including job relocation, financial concerns or other changes in circumstance. Dep. INSTRUCTIONS AND CHECKLIST ASSIGNMENT OF COMMERCIAL LEASE An assignment of lease is an agreement whereby the original tenant to a lease (the "Assignor") assigns his rights and responsibilities undeon. An attorney should be consulted before negotiating any document with another party. The purchase and use of these forms is subject to the "Disclaimers and Terms of Use" found at findlegalforms.comtute for legal advice. These forms should only be a starting point for you and should not be used or signed before first consulting with an attorney to ensure that it addresses your particular situatialicized statements in the Assignment; these are just instructions to help you complete it. Laws vary from time to time and from state to state. These forms are not intended to be and are not a substifore, at least two original copies of the Assignment should be executed (i.e. signed). If the landlord's consent is required, they too may want an original copy of the Assignment. You can erase the ite Assignor should provide the Assignee with a copy of the original lease. The Assignor and Assignee must both sign the Assignment. Generally each party will retain an original signed Assignment; there that before a party may assign its rights in the lease, the consent of the landlord is required. You should review the lease to be assigned to determine whether the landlord's consent is required. The Commercial Lease (the "Assignment") Both the Assignor (the original party to the contract) and the Assignee (the new party) should review the Assignment carefully before signing. Many leases requireINSTRUCTIONS AND CHECKLIST ASSIGNMENT OF COMMERCIAL LEASE This package contains: (1) Instructions and Checklist; (2) Information about the Assignment of Commercial Lease; and (3) The Assignment of th

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Commercial Lease Assignment

Product Specifications

Product Commercial Lease Assignment
Country United States
State All
Pages 6
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Sample Available (requires Flash plug-in)
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Commercial Lease Assignment
Product number #21856
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee
Support Customer support 1-800-959-5899
Online support
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