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Document Id : 2659
File Type : Microsoft Word
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Quebec Assignment of Commercial Lease by Landlord
Quebec landlords, if you have sold a rental property and are assigning an existing lease to the new owner, prepare an Assignment of Lease by Landlord with this easy-to-use template form.
- The Assignment is between the seller (current landlord or "assignor"), the purchaser of the property (new landlord or "assignee"), and the tenant.
- The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
- The assignor and assignee agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
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