This Assignment of Residential Lease involves a lease of residential property such as a house, apartment, condo or loft. An assignment is an agreement where the original tenant to a lease (the “Assignor”) assigns his rights and responsibilities under that lease to another person (the “Assignee”). The original tenant may choose to use an assignment for a number of reasons, including job relocation or a change in circumstances. This assignment also contains an optional Landlord Consent clause. A written Assignment of Residential Lease will prove valuable in the event of misunderstandings or litigation.

Among others, this Assignment of Residential Lease for Vermont includes the following provisions:

• Parties to the Agreement: This provision contains the identity and names of the parties to the assignment;
• Assignment: This provision assigns all rights and interests in the residential lease from the Assignor to the Assignee;
• Assumption of Rights and Obligations: This provision sets forth the rights and obligations assumed by the Assignee;
• Signatures and Landlord’s Consent: Both the Assignor and Assignee must sign the document. The Landlord may also sign the consent to assignment.

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This attorney-prepared packet contains:

1. General Instructions and Checklist
2. General Information
3. Assignment of Residential Lease for use in Vermont

State Law Compliance: This form complies with the laws of Vermont