Assignment of Commercial Lease by Tenant
Assign your business lease over to a new tenant with this Assignment of Commercial Lease by Tenant form.
- The landlord must consent in writing to the assignment of the lease, and a Consent of Landlord form is included.
- The assignor will remain liable to the landlord during the balance of the lease term for all amounts due under the Lease.
- The landlord does not give up any of its rights under the Lease by consenting to the assignment.
- The assignor releases and waives all of its rights as tenant under the Lease, but is not released from any of its obligations.
- This is a generic legal form which is not country-specific and can be used anywhere that a prescribed form is not required.
Download Type:
Microsoft Word
Last Updated: 16-June-2021